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RENT $780 LEASE TO 2025 + 3YR OPTION!

Investors, not quite three years old this home is the ideal investment property for your Superannuation Fund. A fantastic long term investment to 2025 plus an option, there is definitely zero vacancy worries for you. You will be impressed by the $780 weekly rent which can't be reduced any lower over the entire term of the DHA lease. Makes for a smart low risk investment with a long, secure lease and virtually nothing to spend on upkeep or maintenance.

Investing in DHA - This property is for sale on behalf of a DHA lessor and has a DHA lease in place. Visit dha.gov.au to lean about the benefits of investing in DHA property.

- Constructed to DHA's high standard situated on a sizable 630 m2 block
- Four generous bedrooms each featuring built-in wardrobes
- The home is fully tiled and air-conditioned throughout
- A practical designed family home with a separate living space
- Handy direct access to and from the double attached garage
- There is side access through to the rear yard
- The family bathroom features a bath and separate shower recess

Under the terms and conditions of the DHA lease, with rent review conditions "Greater of market rent or the rent at commencement date" the rent is paid 365 days per year, even if the property becomes vacant for a short period. DHA throughout the lease term cover the cost of most non-structural repair and maintenance, and ‘Like for like’ replacement of fixed appliance as required.

Lease end: 10/11/2025
Option available: 1 x up to 36 months
Right to Vary available: 1 x up to 12 months Reduction and 1 x up to 12 months Extension
Rent: $780 per week

In accordance with DHA regulations we advise that this property will be available for private inspection only and to prequalified buyers only. Photos are supplied under agreement by DHA and are for illustration purpose only.
4 2 2
Suburb Muirhead
Price SOLD for $710,000
Property Type Residential
Property ID 857
Category House

Agent Details

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Lois Williams

0408 881 477
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