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$509,500

Redlynch QLD, 4870
Beds
Baths
Parking
Land Area
Brilliant Investment Rented to Defence Australia at $500 p.w. until December 2022 – that is 4 years ( no vacancy rate – your bank will love this )
Weekly Gross Rent - $ 500 or NETT $ 21,784.56 per annum.
Excellent NETT RETURN ex DHA OF 4.27 .%. Rock Solid Defence Housing Lease until 5th December 2022.
Solid & Secure investment in this popular family neighbourhood. With a Nett return of 4.27% - better than the banks these days. And with the fixed term 4 Year lease you don’t have to worry about periods of vacancy so you can just set and forget !! Redlynch is a top class location for long term investment, conveniently located with several top choice schools, Redlynch Central Shopping Centre and Sporting Facilities and the popular family friendly Red Beret Hotel all nearby. Defence Housing Australia (DHA) has a guaranteed lease in place until 5th December 2022, so you can relax knowing everything is taken care of professionally until the end of your lease. ( Even after the end of the DHA lease this property in this area will be in high demand for general rental so will always remain a great investment). This spacious 4 bedroom family home is located in a quiet street just a short stroll to the large local park or the shops, has mountain views from the back yard and is in a very popular family neighbourhood.
DHA Lease Summary
NETT ANNUAL RENT = $ 21,784.56 CLEAR AFTER D.H.A. MANAGEMENT FEES AND GST.
Lease edition: Edition 6. Lease start date: 06/12/2013 Original Lease end date: 5/12/2019 Extension lease end date - 5th December 2022
Right to vary: 1 x up to 12 months Reduction and 1 x up to 12 months Extension
Weekly Gross Rent - $500 DHA Lease Edition 6 provides at the termination of the lease, The lessor may also be entitled to a lease-end make-good’ works. .A copy of lease outlining DHA obligations can be provided for your review. Investing with 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. 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 purposes only. Guaranteed rent is paid 52 weeks a year. Rent is paid a month in advance. Rent is reviewed in December every year by a registered valuer. DHA Property Care maintenance package included.

Features

General Features

  • Ensuites1
  • Toilets2
  • Living Areas2
  • Garages2
  • Land Area606m²
Beds
Baths
Parking
Land Area

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Property Type

House

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