11 Franzin Drive, Cashmere QLD

• HOUSE
• 5 bedrooms
• 2 bathrooms
• 2 car spaces
• Approx 701 Square metres

LARGE 5 BR HOME, BIG BLOCK. LEASED TO DEFENCE HOUSING.

INVESTORS : This beautiful five bedroom home is located in a quiet street in one of Brisbane most desirable settings in leafy Cashmere. Experience nature on your doorstep with beautiful bushlands within 5 minutes whilst still being easily accessible to shopping, education, transport and medical.

CURRENT RENT for 2024 : $770PW and adjusted annually according to an independent professional valuation.

LEASE DETAILS
* Lease start date. 12/04/2021
* Lease end date 11/04/2027
* Lease option USED
* Right to vary 1 x up to 12 months Reduction and 1 x up to 12 months Extension
Important Note: The 12 month right to vary is at DHA’s discretion.

At lease end the home will be handed back for you to move in, rent out privately or sell. You can also choose to discuss DHA's requirements for the home on a longer term basis with the potential for a new lease. Owners are free to onsell to another investor at any time during the lease.

A DHA (Defence Housing Australia) lease offers the new owners amazing inclusions such as guaranteed rental income, a comprehensive property care/maintenance package, & annual independent professional rental valuations and adjustments, all of which are designed for stress free investing. Ideal for investors located anywhere in the country, superannuation funds, and perfect for those starting their property portfolio and looking for a safe and secure option.

FEATURES :
* 4 bedrooms, inc master with Walk In Robe, AirCon & Ensuite.
* Open plan family, dining and kitchen with sliding glass doors to an outdoor undercover area.
* 2nd living area - lounge and formal dining.
* Ceiling fans throughout with Aircon to master, main living and kitchen/dining
* Security grills to windows and doors
* Double lock up garage with remote control entry and internal access to the home and rear yard
* 701 SQM block with fully fenced rear yard.
* 25km to Brisbane CBD
* Built Appox 2005

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

COUNCIL RATES: Approx $605 per quarter

****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.
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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