Perfect Investment Opportunity

If you are seeking the perfect investment opportunity, then this is the one for you! With a secure DHA (Defence Housing Australia) lease in place, you have guaranteed returns until the end of the lease in November 2025, with the option to extend for an additional 3 years. Currently rented at $450 per week and returning a solid gross yield of 6%, this is an outstanding opportunity to boost your property portfolio.

Located in the newly established Bluewattle Estate of Rasmussen, with its lush green landscapes, tranquil atmosphere and sweeping views of Mount Stuart there is so much to offer. The estate features a variety of recreational activities for residents to enjoy from beautiful parklands, walking and cycling tracks and easy access to the banks of the serene Ross River.

With Townsville experiencing some of the highest rental yields in the country, vacancy rates continuing to come down and property experts reporting Townsville is on the way back from its previous downturn, now is the perfect time to consider investing in the region.

THE PROPERTY:

• Built in 2016
• Modern fixtures and fittings throughout
• Four large bedrooms with built-in wardrobes
• Primary bedroom with ensuite and walk-in-robe
• Separate lounge room plus additional dinning/ family room
• Stainless-steel appliances
• Double lock up garage
• Split-system air-conditioning throughout
• Separate WC
• Security screens
• Internal laundry
• Large outdoor entertaining area/patio
• 447sqm block

LEASE DETAILS:

• Weekly return $450 per week
• Lease start date 29/11/2016
• Lease end date 28/11/2025, with option to extend a further 3 years

DHA LEASE BENEFITS:

• Guaranteed rent paid on time every time regardless of whether the house is tenanted
• Annual independent rent reviews
• At the end of each tenancy period, the property is cleaned and often refreshed

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. In accordance with DHA regulations, we advise that this property will only be available for private inspections to pre-qualified buyers. Information provided above has been obtained from various sources from which we believe to be accurate, however, Explore Property Townsville accepts no liability for any errors or omissions, including but not limited to a Floorplan, build date, land size, floor plans and size, property condition. Interested parties should make their own enquiries and conduct their own due diligence in addition to obtaining legal advice from their appointed solicitor
or conveyancer.