Bohle Plains QLD
BETTER THAN MOST. LARGE HOME, LARGE BLOCK, LARGE RETURNS AND LONG LEASE TO DEFENCE HOUSING.
INVESTORS : This is a perfect opportunity for a savvy investor. This property has a DHA (Defence Housing Australia) lease in place and rent guaranteed until the end of the lease, currently locked in until August 2027 plus one 3 year option which could take it through until 2030. Currently rented at $500pw and returning a strong investor yield of 5.36%, sure to satisfy the banks. Built by Grady Homes on a larger than usual 733 sqm block & located on a quiet street in the Kalynda Chase development in Bohle Plains, now one of Townsville's most popular developments with tennis courts, walking tracks, gyms, convenience shopping, restaurants and public transport.
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.
With Townsville experiencing some of the highest rental yields in the country, vacancy rates continuing to come down and property experts reporting Townsville still producing good capital growth options now is the time to lock down a secure, high yielding investment that will satisfy the banks.
LEASE DETAILS :
* Lease edition 6
* Lease start date 21/08/2021
* Lease end date 20/08/2027
* Lease option 1 x 3 year option
* 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 reviewed annually each December.
PROPERTY FEATURES:
* Modern lowset brick home
* 4 Large Bedrooms plus a full size study or versatile space for toddlers bedroom or play room.
* Master Bedroom inc Main with Ensuite, Walk in Robe and Air Conditioning
* 2 Separate living areas inc Family/Rumpus and Living/Dining
* Air conditioning throughout
* Double lock up garage with internal entry
* Security Screens
* Outdoor undercover patio/entertaining area
* Side access
* Spacious 733 sqm block
* Built approx 2010
* Council & Water Rates - Approx TBC
DHA LEASE BENEFITS:
* Guaranteed rent paid on time every time regardless of whether the house is tenanted
* Annual independent rent reviews
* Most maintenance 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 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 to 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, 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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$3,078
Estimated monthly repayments based on advertised price of $485000.
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