Augustine Heights QLD
INVESTOR OPPORTUNITY - LEASED TO DEFENCE HOUSING. GREATER SPRINGFIELD REGION.
INVESTORS : For those investors looking to purchase with security and peace of mind this property is leased to Defence Housing Australia (DHA) on a long lease through to January 2028. Located in AUGUSTINE HEIGHTS, one of South East Queensland's growth suburbs, approx 35mins from Brisbane CBD. Situated in a quiet, well established family friendly neighbourhood, close to numerous local schools, shops and public transport and offering all the convenience residents require for comfortable living.
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 to offer buyers a stress free experience. Ideal for those investors located anywhere in the country, purchasing as an individual or through self managed super funds, and perfect for those starting their property portfolio and looking for a safe and secure option.
At lease end the home is repainted inside and out as part of the lease end 'make good' and at DHA's expense before being handed back for you to move in, rent out privately or sell OR you can also choose to discuss DHA's requirements for the home on a longer term basis with the potential to lock in a new lease. You're also free to onsell to another investor at any time during the lease.
CURRENT RENT : $560PW and adjusted annually based on the assessment from independent professional valuer.
LEASE DETAILS
* Lease edition 6B
* Lease start : 01/02/2013
* Lease end : 31/01/2028
* Lease option : USED
* 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.
PROPERTY FEATURES:
* 4 Bedrooms - Master with private Ensuite, Air con & BIR
* 2 Living areas inc Shared Kitchen/Dining, Family Meals area and Separate Lounge
* Modern Kitchen with SS appliances and ample bench space and storage.
* DLUG with internal access
* 435 sqm Block
* Outdoor and undercover entertaining/Alfresco area
* Airconditioning
* Outdoor patio overlooking rear yard.
* Located in growth area of Queensland on a lovely street in a quiet neighbourhood.
* Built approx 2013
* Woolworths and local Restaurants less than 5 minutes drive
* Walking distance to St Augustine’s College
* Orion Shopping Precinct and Springfield Central Train Station less than 10 minutes drive
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
ABOUT AUGUSTINE HEIGHTS
Over 50,000 people have already made the move to Greater Springfield with a conservative estimate of population of over 100,000 by the end of the decade. Less than 35 minutes on the Centenary Highway, or 40 minutes by train from the Brisbane CBD, this innovative community is at the epicentre of one of Australia’s fastest growing regions. As the country’s largest master-planned urban environment, Greater Springfield has become a nation-building blueprint for what a 21st century city should be.
** A note for Owner Occupiers -This property is sold with a DHA (Defence Housing Australia) lease in place which offers significant benefits to the investor however can’t be occupied by the owner/s until the lease ends **
***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 must be coordinated by the agent with the tenants.
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 Floorplan, lease dates, 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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$3,078
Estimated monthly repayments based on advertised price of $859000.
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