FOR SALE
$750,000 - $770,000

Contact Agent For Address
Hastings VIC 3915

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 400m2
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MODERN HOME WITH LONG DEFENCE HOUSING LEASE UNTIL 2032.

INVESTORS: This lovely modern home was built in 2019 and offers astute investors a great opportunity for capital growth. Currently leased to Defence Housing (DHA) on a long term lease which expires in 2032 with a 3 yr option which would take it through until 2035. Conveniently located in a sought after area of Hastings, tucked away amongst beautiful surroundings, this wonderful home is close to Western Port beaches and boating opportunities, coastal walks, world-class wineries, shopping, entertainment and excellent schools within walking distance.
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 and recarpeted 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 free to onsell to another investor at any time during the lease.
LEASE DETAILS :
* Lease edition Lease Edition 6c
* Lease start date 30/04/2020
* Lease end date 29/04/2032
* Lease option 1 x up to 36 months
* Right to vary 1 x up to 12 months
* All options extensions are in DHA's favour
RENT 2024 : $560PW and adjusted annually in January based on the assessment from independent professional valuer.
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Property Details for Contact Agent For Address, Hastings

Contact Agent For Address, Hastings is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 400m2. The place is currently for sale with Hudson Property.

Building Type
House
Land Size
400m2

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About Hastings 3915

The size of Hastings is approximately 26.5 square kilometres. It has 23 parks covering nearly 3.4% of total area. The population of Hastings in 2011 was 8,685 people. By 2016 the population was 9,613 showing a population growth of 10.7% in the area during that time. The predominant age group in Hastings is 0-9 years. Households in Hastings are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Hastings work in a trades occupation. In 2011, 58.4% of the homes in Hastings were owner-occupied compared with 58.3% in 2016.

Hastings has 6,285 properties. Over the last 5 years, Houses in Hastings have seen a 35.01% increase in median value, while Units have seen a 25.16% increase. As at 30 November 2024:

  • The median value for Houses in Hastings is $661,660 while the median value for Units is $513,034.
  • Houses have a median rent of $515 while Units have a median rent of $470.
There are currently 28 properties listed for sale, and 20 properties listed for rent in Hastings on OnTheHouse. According to CoreLogic's data, 257 properties were sold in the past 12 months in Hastings.

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Contact agent
Sharon Richter
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Hudson Property
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