Burdell QLD

Burdell QLD

  • HOUSE
  • 4 bedrooms
  • 2 bathrooms
  • 2 car spaces
  • Approx 660 Square metres

LEASED TO DHA - HIGH YIELD OF 5.13%. BURDELL, TOWNSVILLE.

INVESTORS : This terrific property offers astute investors a great opportunity for good capital growth. Owned independently & currently leased to Defence Housing on a long term lease which expires in August 2025. The new owners have the option to live in at the end of the lease or take the option to enter a new lease until August 2031 plus 1 x 3 yr option that would take it through until 2034.

Burdell is a northern suburb of the City of Townsville with approx 9000 people. It is only a short drive to local shops, schools and restaurants. 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. At lease end the home is repainted at DHA's expense before being 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. You're also free to onsell to another investor at any time during the lease.

CURRENT RENT for 2025 : $620pw and adjusted annually based on the assessment from independent professional valuer.

LEASE DETAILS :

* Current Lease end 17/08/2025
* New lease dates 18/08/2025 - 17/08/2031
* Lease option 1x 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.

DHA LEASE BENEFITS:
* Guaranteed rent paid on time every time regardless of whether the house is occupied.
* Annual independent rent reviews.
* Zero re-letting fees for the length of the lease.
* DHA Property Care, an all-inclusive service fee, covers a range of property related services.
* At the end of each tenancy period, the property is professionally cleaned.
* The lessor may also be entitled to a lease-end make-good (refer to the DHA Lease Agreement).
* A rental floor may apply to the DHA Lease Agreement (applicable to specific lease editions and applies to commencement rent).

PROPERTY FEATURES:
* 660 sqm Block
* 4 good size Bedrooms, inc Master with AC, WIR and ensuite.
* Open plan living/dining with sliding doors to Alfresco
* Outdoor undercover entertaining area.
* Air conditioning in Master, main living and kitchen dining.
* Fully fenced rear yard
* Built 2010

Suburb Information:
Burdell, a rapidly expanding suburb in Townsville's northern growth corridor, offers a modern and family-friendly lifestyle. Located approximately 15 kilometers from the Townsville CBD, Burdell provides convenient access to essential amenities and recreational spaces. Residents enjoy the proximity to major shopping centers like North Shore Marketplace, a variety of schools, and expansive parks, creating a vibrant community atmosphere. With easy access to the Bruce Highway, connecting to other parts of Townsville and beyond is seamless. Burdell's blend of modern living, convenient location, and community spirit makes it an attractive choice for families, professionals, and investors alike.

** 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 co-ordinated 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 Floorpan, 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 $625000.

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