Stuart Drive, Wulguru, QLD, 4811

DHA LEASED INVESTMENT LEASED UNTIL MARCH 2028

Unit
Type
2
Bedrooms
2
Bathrooms
1
Parkings

Published on Monday, April 13, 2026 ( See property details for Stuart Drive, Wulguru, QLD, 4811)

$499,000 PLUS

Sage Merlin Agency Manager & Sales Executive
Sharon Richter Director/Principal & Licensed Real Estate Agent
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A modern, low-maintenance two-bedroom unit in Wulguru offering secure DHA lease income until 2028, ideal for investors seeking reliable returns and prime location amenities.

🏡 Property Highlights

  • Guaranteed rent income until 2028 with DHA lease
  • Modern open-plan living with private entertainment area
  • Prime location close to hospital, university, and shopping precincts
  • Undercover car parking and additional storage facilities
  • Strong investment opportunity with high yield potential
  • Low maintenance property ideal for investors

✨ Key Features

  • Air Conditioning
  • Open-Plan Living
  • Outdoor Area
  • Ensuite
  • Garage / Secure Parking
  • Built-in Robes
  • Modern Bathrooms
  • Private Area for Entertainment
  • Storage Facilities
  • Close to Schools and Amenities

Wulguru is a highly sought-after suburb in Townsville, offering excellent access to healthcare, education, and shopping amenities. It boasts a strong community vibe, proximity to major transport links, and a growing demand for quality rental properties. The area is ideal for investors seeking stable growth and reliable income streams, with easy access to parks, sports fields, and local services.

What are the benefits of investing in a DHA lease property?
DHA lease properties offer guaranteed rental income, regular rent reviews, most maintenance covered by DHA, and a secure long-term lease, making them a low-risk investment option.
Can I occupy the property after the lease ends?
No, as the property is sold with an active DHA lease in place, it cannot be occupied by owner-occupiers until the lease concludes.
What maintenance costs are covered by DHA?
Most maintenance and repairs are paid for by DHA, reducing the ongoing costs for the owner during the lease term.
How is the rent amount determined?
The current rent is $500 per week, adjusted annually based on independent professional valuations and market comparables.
What is the lease duration and renewal options?
The lease started on 6 March 2013 and ends on 5 March 2028, with an option to extend for a further three years at DHA’s discretion.
Are there any upcoming planning or development applications in the area that could affect the property’s value or livability? What are the specific terms and conditions of the DHA lease, including end-of-lease make-good obligations? Are there any restrictions or covenants on the property that could impact future renovations or use? Has the property been inspected recently for structural issues or defects? Are there any strata or body corporate fees or special levies applicable to this unit? What are the long-term prospects for capital growth in Wulguru? Is there any history of flooding or bushfire risk in the area? Are there any planned infrastructure projects nearby that could cause noise or disruption? What are the total ongoing costs including council and water rates, and are they confirmed? Is the property compliant with all local building codes and regulations?

Stuart Drive, Wulguru, QLD, 4811 - More Details

DHA LEASED INVESTMENT LEASED UNTIL MARCH 2028

Type
Unit
Bedrooms
2
Bathrooms
2
Parkings
1

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