EXECUTIVE DWELLING LEASED UNTIL 2029 !
Modern, spacious, executive home, located in a quiet street in the highly sought-after North Brisbane suburb of Ferny Grove. Currently leased to Defence Housing Australia (DHA) and for sale on behalf of a DHA lessor. Rented at $620 per week, the initial lease has over 6 years remaining, expiring on 1/05/2029 plus a 3-year option. Investment properties of this calibre, location and long lease term are highly sought after, however are rarely offered to the market. Be quick, as this desirable property will not last ! Dwelling Features • Rendered brick with colorbond roof. • 4 built-in bedrooms with ceiling fans and 2 bathrooms. • Master bedroom includes air conditioning and ensuite. • Two generous air conditioned living areas. • Expansive open plan living space serviced by a well-appointed kitchen. • Security screening throughout. • Double lock up garage. • A tiled private outdoor entertaining area overlooks the large fully fenced rear yard. • Highly valuable depreciation benefits. • Close to an extensive network of parkland and easy access to schools, child care and train station. DHA Lease Summary: Lease edition: Edition 6C Lease end date: 1/05/2029 (Plus 1 x 3 year option) Current Rent: $620 per week DHA Lease Options and Variations: Lease option: 1 x up to 36 months (Note the option and 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 - DHA guarantee to pay the rent 52 weeks per year even if the property is vacant. - Rent is paid a month in advance and is reviewed in December every year by a registered valuer. - DHA Property Care, an all-inclusive service fee, covers a range of property related services. - The property is cleaned at the end of each tenancy period. - The lessor may also be entitled to a lease-end make-good (refer to the DHA Lease Agreement) Visit www.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. To receive a copy of the Information Memorandum, or to arrange a private inspection, contact your DHA specialist agent at Place Projects, Dean Dederer on 0429 433 018 or deandederer@eplace.com.au
