Property Details: • Type: Apartment / Unit / Flat

• Bedrooms: 2 • Bathrooms: 2

Description: INVESTORS: With a very impressive yield now is the time to invest before you miss the boat! This property presents the perfect option for those looking to start their property portfolio by offering investors the opportunity to enter the market with an assurance of guaranteed rent from DHA (Defence Housing Australia) and a lease until November 2025 with a 3 year option that would take it through until 2028. The DHA (Defence Housing Australia) lease offers the new owners guaranteed income, resulting in stress-free investing, regardless of whether the home is tenanted. Ideal for investors from anywhere in the country, great for superannuation funds, or for those starting their property portfolio and looking for a safe and secure option to get started. CURRENT RENT 2026: $500 pw and adjusted annually based on the assessment from independent professional valuer based on comparable rentals. DHA LEASE DETAILS : Lease Start date: 6/3/2013 Lease end date: 5/3/2028 Lease option : USED * Note: The option and right to vary is at DHA's discretion. COUNCIL & WATER RATES: $ 2028.60 per 6 months BODY CORP fees: $1216 per qtr PROPERTY FEATURES : * 2 Air-conditioned bedrooms inc master with access to ensuite and 2nd bedroom with access to a private bathroom * Open-plan living * Private area for entertainment * Modern bathrooms * Undercover car parking and storage facilities * Minutes to Townsville General Hospital, James Cook University and Lavarack Barracks * Close to Fairfield Waters shopping, Bunnings and Stuart Hotel * Easy motorway access, public transport, schools, parks and sports fields DHA LEASE BENEFITS: * Guaranteed rent paid on time every time regardless of whether the house is tenanted * Annual independent rent reviews * Most maintenance paid for by DHA * The lessor may also be entitled to a lease-end make-good (refer to the DHA Lease Agreement). * Zero re-letting fees ** A note for Owner Occupiers -This property is sold with a DHA (Defence Housing Australia) lease in place which offers significant benefits to the investor however can't be occupied by the owner/s until the lease ends ** ***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 and must be coordinated by the agent with the tenants. 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, lease dates, build date, land size, floor plans and size, and property condition. Interested parties should make their own enquiries and conduct their due diligence in addition to obtaining legal advice from their appointed solicitor or conveyancer.