Property Details: • Type: House
• Bedrooms: 4 • Bathrooms: 2
Description: Located in the sought-after suburb of Annandale, this spacious four-bedroom family home offers an outstanding investment opportunity through a secure Defence Housing Australia (DHA) lease. Combining generous living areas, modern comfort, and the security of guaranteed rent, this property provides a reliable and stress-free investment experience. Property Features: • 4 spacious bedrooms, including the master suite with air-conditioning, built-in robe, and newly renovated ensuite • 2 modern bathrooms designed for family functionality • Open-plan living and dining areas with split-system air-conditioning • Fully air-conditioned throughout with ceiling fans in all rooms • Tiled living zones and carpeted bedrooms for comfort and practicality • Functional kitchen with ample bench and storage space • Large undercover outdoor entertaining area ideal for alfresco dining • Double lock-up garage with internal access • Fully fenced 538 m² block offering privacy and space to enjoy (both side and rear fences have recently been replaced) • Security screens to all doors and windows, plus separate internal laundry DHA Lease Details: • Lease end date: 14 April 2027 • Current rent: $630 per week (reviewed annually to market value) Rent review dates: • First review: 31 December of the year the lease commences (or 31 December the following year if the commencement date is after 30 September) • Subsequent reviews: 31 December annually for the term of the lease • Guaranteed rental income DHA Lease Benefits: • Guaranteed rent paid on time every time regardless of whether the house is occupied • Annual rent reviews completed by registered independent professional valuers • Zero re-letting fees for the length of the lease • DHA Property Care: an all-inclusive service fee covers a range of property-related services • At the end of each tenancy period, the property is professionally cleaned • The lessor may also be entitled to a lease-end make-good (refer to the DHA Lease Agreement) • A rental floor may apply to the DHA Lease Agreement (applicable to specific lease editions and applies to commencement rent) Note for Owner Occupiers: This property is sold with a DHA lease in place and cannot be occupied by the owner until the lease concludes in April 2027. Upon completion of the lease, the home will be freshly painted and re-carpeted (if applicable under the lease), ready for you to move in or continue leasing as an investment. In accordance with DHA regulations, this property is available for private inspection by pre-qualified buyers only. This property is for sale on behalf of a Defence Housing Australia lessor and has a DHA lease in place. Visit dha.gov.au to learn more about the benefits of investing in Defence Housing Australia property. Council Rates: Approx. $2,400 per half year This is a rare opportunity to secure a reliable, government-backed income stream in one of Townsville's most desirable family-friendly suburbs. Don't miss out on this exceptional investment!
