FOR SALE
Sale Price Unavailable

Contact Agent For Address
Medowie NSW 2318

Bedrooms: 4
Bathrooms: 2
Car spaces: 3
Land area: 972m2
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HUNTER VALLEY HOME 972SQM - LEASED TO DEFENCE HOUSING UNTIL 2030 + 3 YR OPTION.

INVESTORS take note, this DHA (Defence Housing Australia) investment property is set on a massive 972sqm block and situated in high demand Pacific Dunes Estate in Medowie. The property is currently under lease to DHA (Defence Housing Australia) with guaranteed rent until November 2030 with a 3 year option that could take it through until November 2033!
LEASE DETAILS:
* Current Lease dates : 7/11/2012 - 6/11/2024
* New Lease dates: 7/11/2024 - 6/11/2030
* Lease option: 1 x up to 36 months
* Right to vary: 1 x up to 12 month reduction and 1 x up to 12 month extension
* Important Note: The 36 month option and 12 month right to vary are at DHA’s discretion.
CURRENT RENT 2024 - $680 PW and adjusted annually through an independent professional valuation.
MEDOWIE is only a 30-minute drive to Newcastle CBD whilst also being in close proximity to Newcastle Airport and some of the most amazing beaches Port Stephens, and its surrounds, has to offer. Pacific Dunes Estate is built around an 18-hole championship golf course where residents enjoy exclusive luxuries with access to an on-site pool, tennis courts, parks and BBQ area, it's a short stroll to the Pacific Dunes Green House Eatery plus the brand-new Catherine McAuley Catholic college is only a short distance away.
PROPERTY FEATURES:
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Property Details for Contact Agent For Address, Medowie

Contact Agent For Address, Medowie is a 4 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 972m2. The place is currently for sale with Hudson Property.

Building Type
House
Land Size
972m2

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About Medowie 2318

The size of Medowie is approximately 42.8 square kilometres. It has 22 parks covering nearly 15.9% of total area. The population of Medowie in 2011 was 8,843 people. By 2016 the population was 9,581 showing a population growth of 8.3% in the area during that time. The predominant age group in Medowie is 0-9 years. Households in Medowie are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Medowie work in a trades occupation. In 2011, 75.8% of the homes in Medowie were owner-occupied compared with 74.3% in 2016.

Medowie has 5,170 properties.

    There are currently 58 properties listed for sale, and 7 properties listed for rent in Medowie on OnTheHouse. According to CoreLogic's data, 232 properties were sold in the past 12 months in Medowie.

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    Contact agent
    Jenny Andrew
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    Hudson Property
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