Guaranteed Rent | Stress-Free Investment
This well-maintained Terrace House presents a strong investment opportunity, backed by the security of a Defence Housing Australia (DHA) lease in place until April 2029. Currently returning $530 per week, this property is ideal for investors seeking low-risk, long-term rental income.
Perfect for buyers purchasing individually or through a self-managed super fund (SMSF), this property offers consistent returns and minimal management responsibilities – making it a true set-and-forget investment.
LEASE DETAILS:
• Lease End Date: 11 April 2029 with Option of 3-year extension
• Current Rent (2025): $530 per week (adjusted annually via independent professional valuation)
RATES – $640 per quarter approximately
WATER – $337 per quarter approximately
DHA LEASE BENEFITS:
• Guaranteed rent paid on time, even when the property is vacant
• Annual independent rent reviews
• Most non-structural maintenance covered by DHA
• Potential lease-end “make-good” provisions (refer to DHA lease agreement)
• No re-letting or advertising fees
Please Note: This property is sold with a DHA lease in place. It cannot be occupied by the purchaser until the lease ends.
PROPERTY FEATURES:
Set across two levels and overlooking tranquil parklands, this modern Terrace House offers a spacious and low-maintenance lifestyle.
• Three generous bedrooms with mirrored built-in robes and ceiling fans
• Master bedroom with ensuite, walk-in robe, and air conditioning
• Open plan living and dining area with split system air conditioning
• Well-appointed kitchen with gas cooktop and ample storage
• Large undercover balcony with parkland views
• Main bathroom located downstairs servicing bedrooms two and three
• Single lock-up garage with internal and remote access
• Separate tiled laundry
• Private, low-maintenance rear courtyard
In accordance with DHA regulations, we advise that this property will only be available for private inspections and to pre-qualified buyers with minimum 72 hours’ notice.
For more information, please contact Michael 0413 836 188 or
Joel 0435 733168