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Burdell QLD 4818

INVESTORS : This terrific property offers astute investors a great opportunity for good capital growth. Owned independently & currently leased to Defence Housing on a long term lease which expires in August 2025. The new owners have the option to live in at the end of the lease or take the option to enter a new lease until August 2031 plus 1 x 3 yr option that would take it through until 2034.

Burdell is a northern suburb of the City of Townsville with approx 9000 people. It is only a short drive to local shops, schools and restaurants. 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 the home is repainted at DHA's expense before being handed back for you to move in, rent out privately or sell. You can also choose to discuss DHA's requirements for the home on a longer term basis with the potential for a new lease. You're also free to onsell to another investor at any time during the lease.

CURRENT RENT for 2025 : $620pw and adjusted annually based on the assessment from independent professional valuer.

LEASE DETAILS :


* Current Lease end 17/08/2025

* New lease dates 18/08/2025 - 17/08/2031

* Lease option 1x up to 36 months

* Right to vary 1 x up to 12 months Reduction and 1 x up to 12 months Extension

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

DHA LEASE BENEFITS: