Just set & forget!! Weekly Gross Rent - $ 440 wk. or NETT $ 19,170.36 per annum. That means you get a Nett Return ex Defence Housing if 4.5% - What a great investment –ZERO VACANCY RATE with a Defence Australia lease – your bank manager will love this. Spacious 4 bedroom family home located in a quiet close in family friendly Brinsmead. DHA has another 2 years on the lease plus a 3 year option to extend – guaranteed rent – no vacancy period even if the house is sometimes empty, DHA do the management and maintenance, so you can relax knowing everything is taken care of professionally. NETT RETURN TO YOU FROM DHA OF $ 19,170.36 per Annum CLEAR after all DHA costs - i.e. Management fees and GST. That is 4.4% Nett after DHA management & GST. Plus If you get a DEPRECIATION SCHEDULE –– you will be able to get your accountant to maximise any tax advantages on prime costs. Lease edition: Edition 6 Lease start date: 18/07/2017. Lease end date: 17/07/2020 Lease option:1 x up to 36 months (Note- option & right to vary is at DHA’s discretion) Right to vary: 1 x up to 12 months Reduction and 1 x up to 12 months Extension. Original lease commenced 2003. DHA Lease Edition 6 provides for lease end restoration works plus a DHA Property Care maintenance package included. DHA suggest you please click on to the following link – https://www.dha.gov.au/investing/buy-a-dha-investment-property/benefits/dha-property-care/lease-end-restoration Guaranteed rent is paid 52 weeks a year. Rent is paid a month in advance. Rent is reviewed in December every year by a registered valuer. Investing with DHA – This property is for sale on behalf of a DHA lessor and has a DHA lease in place. Visit dha.gov.au to learn about the benefits of investing in DHA property. In accordance with DHA regulations we advise that this property will be available for private inspection only and to prequalified buyers only. Photos are supplied under agreement by DHA and are for illustration purposes only. Click on this link to read about the Cairns market -
