Looking for a secure investment return with rock solid tenant, in a top class neighbourhood. This excellent property achieves a gross rent return of $24,523.92 ( $470wk) p.a. OR NETT of $ 20,447.40 p.a. after DHA managmenet fees, so is yielding 4.36% NETT –BETTER THAN THE BANK THESE DAYS!!! ( and there is potential for future capital growth !) Quality Built to Defence Housing specifications & offering very spacious living with 2 LARGE separate living rooms PLUS a dining room served by a spacious central kitchen. Very large master bedroom incls. walk in robe & ensuite, +3 family bedrooms all include built in robes. Main bathroom incl.separate shower,bath + toilet. Fully tiled for easy care cool living & air-conditioned throughout for summer comfort. Gross Rent Weekly $470.00, Nett PAID BY DHA PER CAL MTH $ 1,706.45 ($ 20,447.40 p.a.)– just set and forget – DHA organise all the management & property maintenance. At lease end DHA ensure the property is professionally cleaned so a full INTERNAL & EXTERNAL REPAINT is included ; appliances are clean & in good working order; & the dwelling, grounds & landscaping are in a neat & tidy condition. Lease incls. DHA Right to Vary Available: 1 x up to 12 months Reduction (This property is for sale on behalf of a Defence Housing Australia lessor and has a Defence Housing Australia lease in place. Visit dha.gov.au to learn the benefits of investing in Defence Housing Australia property) In popular & prestigious Kanimbla Heights Estate - handy to the city & all major amenities, this is one of Cairns most sought after locations. This return on investment is better than a bank term deposit these days – and offers potential capital growth as well.
