21 Davenport Street

Killara VIC 3691

A DHA (Defence Housing Australia) lease provides new owners with guaranteed rental income, comprehensive property maintenance, and annual rental valuations, ensuring an effortless investment experience. Perfect for investors nationwide, superannuation funds, and those initiating their property portfolios. Upon lease end, you retain the flexibility to move in, lease privately, sell, or negotiate a new lease agreement with DHA. You also retain the right to sell the property to another investor at any point during the lease term.

LEASE DETAILS :
* Lease edition Edition 6C
* Lease start date 15/05/2020
* Lease end date 14/05/2029
* Lease option 1 x 3 year option
* Right to vary 1 x up to 12 months Reduction and 1 x up to 12 months Extension
* Note: The option and right to vary are at DHA’s discretion.

CURRENT RENT for 2024: $535 PW and adjusted each year based on the assessment from an independent professional valuer using comparable rental properties.

PROPERTY FEATURES:
* Modern low-set brick home
* 4 Spacious bedrooms
* Large Master suite with generous sized walk-in robe and spacious ensuite
* 2 carpeted living areas
* Modern gourmet kitchen with stainless steel appliances
* Kitchen/Dining area opening to the outdoor undercover entertaining area
* Ducted heating and cooling throughout
* Security screens to doors and windows
* Spacious 658 sqm block
* Double garage with drive through access to rear yard
* Close proximity to both Latchford & Bandiana Barracks
* Side access perfect for boat, car or caravan
* Driveway parking for 2 additional cars
* Built Approx 2016, still offering generous tax depreciation benefits

DHA LEASE BENEFITS:
* Guaranteed rent paid on time every time regardless of whether the house is tenanted
* Annual independent rent reviews
* Most non-structural maintenance paid for by DHA
* The lessor may also be entitled to a lease-end make-good (refer to the DHA Lease Agreement).
* Zero re-letting fees

These are just some of the benefits of the DHA lease attached to this property. Enjoy all the benefits of a rental guarantee and a no fuss investment property; let DHA do all the hard work for you.

* Council Rates - TBC
* Water Rates - Approx $565 per quater

DHA LEASE BENEFITS:
* Guaranteed rent paid on time every time regardless of whether the house is tenanted
* Annual independent rent reviews
* Most maintenance paid for by DHA
* The lessor may also be entitled to a lease-end make-good (refer to the DHA Lease Agreement).
* Zero re-letting fees

** A note for Owner Occupiers -This property is sold with a DHA (Defence Housing Australia) lease in place which offers significant benefits to the investor however can’t be occupied by the owner/s until the lease ends **

***Investing with DHA - This property is for sale on behalf of a DHA Lessor and has a DHA Lease Agreement in place. Visit dha.gov.au to learn about the benefits of investing in a DHA property. If you would like to arrange an inspection please contact Sharon Richter of Hudson Property Agents. In accordance with DHA regulations, we advise that this property will only be available for private inspections and must be coordinated by the agent with the tenants.
Information provided above has been obtained from various sources which we believe to be accurate, however, Hudson Property Agents accept no liability for any errors or omissions, including but not limited to a Floorplan, lease dates, build date, land size, floor plans and size, and property condition. Interested parties should make their own enquiries and conduct their due diligence in addition to obtaining legal advice from their appointed solicitor or conveyancer.