Address available on request, Johnston, NT 0832

INVESTOR ALERT - Looking for a genuine set and forget investment that keeps your property working for you? You've found it!

This classy modern home is designed to impress. It's a contemporary residence in a friendly neighbourhood, surrounded by parks and close to shops, schools, and Palmerston Hospital.

Featuring a secure long-term DHA lease in place until September 7th, 2028, this modern property is ideally suited for investors seeking a stress-free investment. It offers a healthy yield, strong long-term growth prospects, and excellent resale value in the future.

Property Highlights:
• Stress-Free Investment: Currently returning $720 per week, with rent reviewed annually on December 31st. Rent is calculated at the greater of the market rate or the rent at lease commencement in December 2014 ($650 a week).
• Secure Income: With a DHA lease in place until 2028, enjoy a guaranteed income that provides financial peace of mind.
• Future Family Home: Post-lease, the property will be an excellent family residence. • DHA will hand back the property in good condition, repainted and with any wear and tear rectified as per the lease terms.

Features Include:
• Tax Benefits: Significant tax depreciation advantages, with the property only 9 years old.
• Consistent Rent: Rent is paid 52 weeks per annum, even if vacant.
• Prime Location: Close to Palmerston Hospital and in a growth location.
• Home Specifications: Ultra-modern 4-bedroom, ground-level home on a quiet street. • • Includes an expansive open plan living/dining room, two bathrooms (one ensuite), and a double garage with high clearance.
• Outdoor Space: Rear patio overlooking a well-maintained, low-maintenance garden.

Investment Advantages:
• Low Risk: A genuine "set and forget" investment in Darwin, the most affordable capital city in Australia poised for a growth cycle.
• High Yields: Darwin offers the highest rental yields in the country, making it a very attractive option for investors.

DHA Lease Summary:
• Lease End Date: 07/09/2028
• Income: $720 per week, with annual rental reviews
• Outgoings: DHA management/maintenance fee of 13% (inc. GST)
• This property is an excellent investment, providing a secure and guaranteed income until 2028. Situated in an area ideal for families, with quiet streets and friendly neighbours, this investment offers both a solid financial return and future residential potential.

Don't miss out on this low-risk, high-reward opportunity in one of Darwin's most popular suburbs.

Council Rates: $2,136 per annum (approx.)
Date Built: 2015
Area Under Title: 867 square metres
Zoning Information: LR (Low Density Residential)
Easements as per title: None found