INVESTORS! LEASED TO 2024 PLUS @ $650 PWK!

Buying a property with a DHA lease can make investing simple. This property is leased to Defence Housing Australia until 08/11/2024 plus a 3 year option to DHA. With a weekly rent of $650 this is the lowest rent you can receive throughout the entire term of the lease. A smart investment with a zero vacancy rate and the rent is paid 365 days per year, even if the property is temporarily vacant. Plus there is the exceptional benefit of the DHA Property Care. Under the terms and conditions of the DHA lease throughout the lease term DHA cover the cost of most non-structural repair and maintenance and ‘Like for like’ replacement of a fixed appliance as required. The lessor may also be entitled to a lease-end make-good (refer to the DHA Lease Agreement).

Johnston is one of the latest family friendly suburbs of Palmerston. Palmerston has a lot to offer residents including the popular Gateway Shopping Centre. Opened in 2018 the shopping centre is anchored by a modern Woolworths Supermarket and a Big W Store. In addition located in the centre is a variety of retail shops, and a multi Cinema. Adjoining the Gateway is The Landmark an award winning entertainment centre, the ideal place to dine or unwind. The near new Palmerston Hospital is just minutes from Johnston.

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 learn about the benefits of investing in DHA property.

- A significant 700m2 the block is certainly a good size
- Four spacious bedrooms each feature built-in wardrobes
- The master bedroom includes a must have ensuite
- Cool floor tiles and Split system air-conditioning throughout
- The family bathroom features a bath plus a separate shower recess
- Spacious kitchen adjoins the dining & family space
- There is a separate living room at the front of the home
- The family & dining space has a sliding door access to the side patio
- There is a handy direct entry into the home from the double garage
- Certificate of Completion issued 11/01/2012 – Area under roof 246m2

Lease edition: Edition 6B
Lease end date: 08/11/2024
Rent: $650 pwk
Lease option: 1 x up to 36 months
Right to Vary: 1 x up to 12 months Reduction & 1 x up to 12 months Extension
(Note the Option and Right to Vary is at the discretion of DHA)

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.