LEASED TO DEFENCE HOUSING UNTIL 2025 + 3 YR OPTION. CURRENTLY RENTED AT $540PW = 5.79% YIELD.

INVESTORS: This property represents the perfect opportunity for an astute investor. With security and “peace of mind" from a long lease to Defence Housing Australia (DHA) and guaranteed rental income even if the property is vacant, along with other extensive benefits of the DHA Property Care Services, you can’t go wrong. With a current rent of $540 pw and impressive yield of 5.79%, banks will love you.<br/><br/>Located in a quiet Crescent in Kalynda Chase development in Bohle Plains and in close proximity to Townsville Golf Course, Willows Shopping Centre, Cannon Park and multiple private and public school options. This is the perfect home for an investor to move in at lease end, rent out or sell after DHA's make good is completed. <br/><br/>With Townsville experiencing some of the highest rental yields in the country, vacancy rates continuing to come down and property experts reporting Townsville is on the way back from its previous downturn, now is the perfect time to consider investing into the region. <br/><br/>LEASE DETAILS : <br/>* Lease edition Lease Edition 6B <br/>* Lease start date 19/07/2013<br/>* Lease end date 18/07/2025 <br/>* Lease option 1 x up to 36 months<br/>* Right to vary 1 x up to 12 months reduction and 1 x up to 12 months extension <br/>* All options and extensions are in DHA's favour<br/> <br/>CURRENT GROSS RENT : $540pw and adjusted each December according to an independent professional valuation <br/><br/>PROPERTY FEATURES:<br/>* 4 good size bedrooms including Master suite with Walk in robe, Ensuite & Air conditioning<br/>* Main bathroom with shower and separate bath. <br/>* 2 Separate living areas<br/>* Open plan lounge, dining and kitchen with sliding glass doors to an outdoor undercover area. <br/>* Modern kitchen with SS appliances, ample storage and bench space. <br/>* Ceiling fans throughout with Aircon to master, main living and kitchen/dining. <br/>* Security Screens throughout<br/>* Large 857sqm block with side access<br/>* Double lock garage with storage and internal access<br/>* Built In 2010<br/><br/>DHA LEASE BENEFITS:<br/>* Guaranteed rent paid on time every time regardless of whether the house is tenanted<br/>* Annual independent rent reviews<br/>* Most non-structural maintenance paid for by DHA<br/>* The lessor may also be entitled to a lease-end make-good (refer to the DHA Lease Agreement).<br/>* Zero re-letting fees<br/>These are just some of the benefits of the DHA lease attached to this property. Enjoy all the benefits of rental guarantee and a no fuss investment property; let DHA do all the hard work for you.<br/>**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.<br/>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, 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. <br/>