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Burdell QLD 4818

INVESTORS : This property represents a perfect opportunity for a savvy investor. Currently rented at $530 per week with a current DHA (Defence Housing Australia) lease in place and rent guaranteed until the end of the lease, locked in until 2031 with a 3 year option that could take through to 2034! Situated on a generous 630 sqm block on a quiet street in Burdell, a northern suburb with approx 9000 people in of the City of Townsville.

A DHA (Defence Housing Australia) lease offers the new owners amazing inclusions such as guaranteed rental income, a comprehensive property care/maintenance package, & annual independent professional rental valuations and adjustments, all of which are designed for stress free investing. Ideal for investors located anywhere in the country, superannuation funds, and perfect for those starting their property portfolio and looking for a safe and secure option. At lease end DHA will conduct a thorough clean and make good at their expense before being handed back for you to move in, rent out privately or sell. You're also free to onsell to another investor at any time during the lease. With Townsville experiencing some of the highest rental yields in the country, vacancy rates continuing to come down and property experts reporting Townsville still producing good capital growth options now is the time to lock down your investment.

LEASE DETAILS :


* Lease edition 6 B dates 16/11/2010 - 15/11/2025

* Lease edition 7 dates 16/11/2025 - 15/11/2031

* Lease option 1 x up to 36 months

* Right to vary 1 x up to 12 months

*** NOTE : All options/extensions are in DHA's favour.

CURRENT RENT for 2024 : $530pw and adjusted each December according to an independent professional valuation.

PROPERTY FEATURES: