Burdell QLD

• HOUSE
• 4 bedrooms
• 2 bathrooms
• 2 car spaces
• Approx 512 Square metres

INVESTOR OPPORTUNITY - LEASED TO DEFENCE HOUSING UNTIL 2026 + 3 YR OPTION. RENT $500PW. 5.59% YIELD.

INVESTORS : This is a perfect opportunity for a savvy investor. This property has a DHA (Defence Housing Australia) lease in place and rent is guaranteed until the end of the lease in 2026 plus there's a 3 yr option that could take the lease through until 2029. Currently rented at $500pw and returning a strong investor yield of 5.59%, sure to satisfy the banks.

A DHA (Defence Housing Australia) lease offers the new owners guaranteed rental income, resulting in stress free investing, regardless of whether the home is tenanted. Ideal for investors from anywhere in the country, superannuation funds, and perfect for those starting their property portfolio and looking for a safe and secure option to get started.

Burdell is a northern suburb of the City of Townsville with approx 9000 people. The home is located within walking distance of a private school and daycare and a 2 minute drive to shopping and facilities

With Townsville experiencing some of the highest rental yields in the country, and vacancy rates continuing to come down, now is the time to lock down a secure, high yielding investment that will satisfy the banks.

LEASE DETAILS :
* Lease edition : 6B
* Lease start date. 14/02/2014
* Lease end date 13/02/2026
* Lease option 1 x up to 36 months
* Right to vary 1 x up to 12 months Reduction and 1 x up to 12 months Extension
* All options/extensions are in DHA's favour.

CURRENT GROSS RENT for 2023: $500pw and adjusted each December according to an independent professional valuation.

PROPERTY FEATURES:
* Modern lowset brick home
* 4 Large Bedrooms plus a separate study
* Master with ensuite and air conditioning
* 2 Separate air-conditioned living areas inc Family/Rumpus and Living/Dining
* Study
* Double lock up garage with internal entry
* Ceiling fans throughout
* Security Screens
* Outdoor undercover patio/entertaining area
* 512 sqm block
* Built approx 2011

* Council & Water Rates - Approx $2,076 half-yearly

DHA LEASE BENEFITS:
* Guaranteed rent paid on time every time regardless of whether the house is tenanted
* Annual independent rent reviews
* Most maintenance is paid for by DHA
* The lessor may also be entitled to a lease-end make-good (refer to the DHA Lease Agreement).
* Zero re-letting fees

These are just some of the benefits of the DHA lease attached to this property. Enjoy all the benefits of a 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 Sharon Richter of Hudson Property Agents. In accordance with DHA regulations, we advise that this property will only be available for private inspections and pre-qualified buyers.
Information provided above has been obtained from various sources which we believe to be accurate, however, Hudson Property Agents accept no liability for any errors or omissions, including but not limited to a Floorpan, build date, land size, floor plans and size, and property condition. Interested parties should make their own enquiries and conduct their own due diligence in addition to obtaining legal advice from their appointed solicitor or conveyancer.

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