You & your bank manager will enjoy the peace of mind knowing this property has a registered lease with Defence Housing Australia until 10/7/2019 + option for further 3 year extension. No vacancy / lost rent in all that time makes loan servicing so much safer! Current rent -$ 1652.32 p/mth gross, with annual CPI reviews. Fully managed & maintained by DHA so all you do is set & forget – & at lease end DHA ensure the property is professionally cleaned,appliances are clean and in good working order, and the dwelling, grounds & landscaping are in a neat and tidy condition. LEASE SUMMARY. Current Gross Monthly Rental -$ 1652.32 , Weekly Rent Gross $ 380.00 Less DHA Management Fee $ 247.85 & GST on Fee $ 24.79 NET RENT RETURN PER CAL MONTH. $ 1379.68 Rent Reviewed Annually Dec 31st. Lease End Date -10/7/19, Option Avaialbe – 1x36 months, right to Vary – 1x12 months Reduction or Extension. Where the lease term is 6 years or longer, DHA paint the property internally. Where the lease term is 9 years or more, DHA also replace the carpet and paint the external structure .( this particular property lease commenced 11/07/2007 – so the term is 12 years, so all of the items stated apply) DHA always recommend a purchaser read through the lease in detail with a solicitor to ensure they understand all aspects before purchasing. Situated in the booming growth area on Cairns southside – handy to shopping, schools, gym & transport facilities & beautiful green valley & mountain vistas. This home was originally a display home for Better Homes / Allaro Homes & is a very spacious 278.44 m2 floor area – including a 44m2 entertainers deck. Investing with DHA.This property is for sale on behalf of a DHA lessor & has a DHA lease in place. Visit dha.gov.au to learn about the benefits of investing with DHA.
