Edmonton QLD
DHA LEASED INVESTMENT IN TROPICAL CAIRNS - 5.44% YIELD
INVESTORS : If you are searching for a no fuss investment, this property located in Edmonton, Cairns will suit perfectly! Located close to shops and schools and in a quiet cul de sac. The DHA (Defence Housing Australia) lease run until September 2026 with a 3 year option that can take it through until 2029.
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 2025 : $710pw and adjusted each annually according to an independent professional valuation
LEASE DETAILS :
* Leased start date : 09/09/2014
* Leased end date : 08/09/2026
* Option available : 1 x 36 month option
* Right to vary : 1 x up to 12 months reduction or 1 x up to 12 months extension
* Important Note: The 36 month option and 12 month right to vary are at DHA’s discretion.
PROPERTY FEATURES:
* Modern lowset brick home
* 4 Bedroom inc Master with Ensuite, Walk in robe and Air Conditioning
* 2 Separate living areas inc Family/Dining and Separate Lounge area.
* Modern kitchen with ample bench space and storage
* Outdoor uncovered patio
* 651sqm block with fully fenced rear yard.
* Double Garage with electric roller door access & internal entry
* Built In 2012
COUNCIL RATES: TBC
WATER RATES: 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
Suburb Information:
Edmonton, a vibrant and growing community located approximately 15 kilometers south of Cairns, offers an ideal blend of suburban convenience and tropical lifestyle. This family-friendly suburb provides a range of amenities, including local shopping centers, schools, parks, and recreational facilities, ensuring all your daily needs are met. With easy access to the Bruce Highway, connecting to Cairns' CBD and the surrounding natural wonders is effortless. Edmonton boasts a relaxed atmosphere, making it perfect for those seeking a peaceful retreat while staying connected to the region's attractions, from the Great Barrier Reef to the lush rainforests. Enjoy the benefits of a close-knit community and the beauty of Far North Queensland in Edmonton.
** 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 $675000.
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