Medowie NSW

• HOUSE
• 4 bedrooms
• 2 bathrooms
• 3 car spaces
• Approx 927 Square metres

4 BEDROOM DHA INVESTMENT PROPERTY ON 927SQM BLOCK, WITH GUARANTEED RENT UNTIL DEC 2027 + 3 YEAR OPTION TO EXTEND.

INVESTORS take note, this DHA (Defence Housing Australia) investment property is set on a 927sqm block and situated in high demand Pacific Dunes Estate in Medowie.

Medowie is only a 30-minute drive to Newcastle CBD whilst also being in close proximity to Newcastle Airport and some of the most amazing beaches Port Stephens, and its surrounds, has to offer. Pacific Dunes Estate is built around an 18-hole championship golf course where residents enjoy exclusive access to an on-site pool, tennis courts, parks and BBQ area, It's a short stroll to the Pacific Dunes Green House Eatery plus the brand new Catherine McAuley Catholic college is only a short distance away.

Offering 4 bedrooms and two bathrooms, the master bedroom is located at the front of the home and includes a walk-in robe and private ensuite. The remaining 3 bedrooms include built-in-robes and are zoned in close proximity to the family bathroom with a separate shower and bath.

The galley style kitchen includes a large pantry, plenty of cupboard space and breakfast bar. The open plan tiled family/meals area is within easy reach of the kitchen and a separate carpeted living room provides an ideal space as a kids retreat. Glass sliding doors from the family/meals space provides access to the outdoor alfresco area and large landscaped, fully fenced, backyard. The property also includes double auto garage with internal access.

Built approximately 2012 and currently rented at $650pw, this DHA investment property offers the astute investor a no-fuss, stress-free investment with guaranteed rental income paid monthly in advance by Defence Housing Australia (DHA), plus it will benefit from DHA restoration work at the end of the lease, including new carpets and paint (internal and external).

PROPERTY FEATURES:
* 4 bedrooms / 2 bathrooms
* Master bedroom, air conditioned, WIR and en-suite
* Open plan tiled family/dining/kitchen
* Separate carpeted living room
* Split system air conditioned living spaces
* Versatile kitchen with stainless steel appliances
* Double auto garage with internal access
* Established gardens
* Undercover outdoor entertaining area perfect for alfresco living and dining
* Safety screens throughout
* Access to Pacific Dunes amenities including swimming pool, tennis courts and family BBQ area

This investment equals "peace of mind" from a long lease, guaranteed rental income paid monthly in advance and other extensive benefits of the DHA Property Care Services.

LEASE DETAILS :
* Lease start date: 20/12/2021
* Lease end date: 19/12/2027
* Lease option: 1 x up to 36 months
* Right to vary: 1 x up to 12 month reduction and 1 x up to 12 month extension
* All options/extensions are in DHA's favour.
* Current Gross rent $650pw and reviewed annually each December.
* Built approx. 2012
* Council and Water Rates approx. $2,252 per annum (water usage reimbursed back to owner by DHA)
* Community Strata Fees - $165.00 per qtr.

DHA LEASE BENEFITS:
* Guaranteed rent paid in advance, even when the property is vacant
* Annual market rent review service (conducted by an independent licensed valuer)
* Online services portal to view and manage your property
* The lessor will be entitled to a lease-end make-good which includes new paint and carpets (refer to the DHA Lease Agreement)
* Property Care program - DHA are responsible for organising and covering the cost of most non-structural repair and maintenance works, including the replacement of fixed appliances as needed
* Tenancy management - DHA take the pressure off managing the tenants, you do not have to inspect the property (however, this can be arranged on request)
* Emergency repair - in the event of emergency DHA will act quickly on your behalf
* Zero re-letting fees

These are just some of the benefits of the DHA lease attached to this property. Enjoy all the benefits of rental guarantee and a no fuss investment property; let DHA do all the hard work for you.

* Investing with DHA - This property is for sale on behalf of a DHA Lessor and has a DHA Lease Agreement in place. Visit dha.gov.au to learn about the benefits of investing in a DHA property. If you would like to arrange an inspection please contact Jenny Andrew of Hudson Property Agents on 0414 207 279.
**In accordance with DHA regulations, we advise that this property will only be available for private inspections and to pre-qualified buyers.
*** Photos supplied by DHA for the purposes of marketing the property
**** Weekly rent quoted is for 2024 as per 2023 rental assessment completed in December

Mortgage Calculator