Great opportunity for a solid & safe investment for your 'Super fund' while you wait & see the impact the new 'AQUIS' Mega Casino Resort development has on Cairns & property prices !! You & your bank manager will enjoy the peace of mind knowing this property has a registered lease with Defence Housing Australia until 6/8/2019 + option for further 3 year extension. No vacancy / lost rent in all that time makes loan servicing so much safer! Current rent -$ 1956.70 p/mth gross., with annual CPI reviews. Fully managed & maintained by DHA so all you do is set & forget - & DHA will repaint on lease end. Full depreciation schedule available to make the most for your tax return. Redlynch is one of the fastest growing quality family suburbs of Cairns - great shopping, schools, gym & transport facilities & beautiful green valley & mountain vistas. Only about 15 minutes from the major new Aquis Intergrated Mega Resort development – which is sure to stimulate substantial growth in the housing & rental market over the next 10 years. 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.