Property Details: • Type: Apartment / Unit / Flat
• Bedrooms: 2 • Bathrooms: 2
Description: If you are seeking a truly low maintenance investment, this modern and spacious two bedroom, two bathroom apartment in West End presents an outstanding opportunity. The property is secured by a Defence Housing Australia (DHA) lease, with rent guaranteed until February 2029 with a 3 year option. DHA ensures reliable income, paying rent on time every time, even during periods of vacancy. Rent is reviewed annually and adjusted in line with an independent valuation. Designed with modern living in mind, the apartment offers generous interiors and excellent long term growth potential, making it ideal for investors seeking stability and peace of mind. At the conclusion of the DHA lease, owners have the flexibility to sell, re lease, or move in themselves, following DHA's end of lease make good process. Current gross rent (2026): $560 per week Rent is adjusted each year in accordance with an independent valuation. Body Corporate rates: Admin Fund - $3014.19 pa if paid on or before due date Sinking Fund - $2422.61 pa if paid on of before due date Council Rates: $2076.51 per half year This property is offered for sale on behalf of a DHA lessor and is subject to a DHA Lease Agreement. To learn more about the benefits of investing in DHA properties, visit dha.gov.au. To arrange a private inspection, please contact Sally Ireland or Brett Lipscomb of Belle Property Townsville. In accordance with DHA regulations, this property is available by private inspection only.
