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About this property
This DHA investment property is situated in the popular Clarence Jefferies VC Estate in Adamstown. Split over two levels, all bedrooms are conveniently located on the upper level, the main bedroom includes WIR, air-conditioner and ensuite with the remaining bedrooms comprising ceiling fans and BIRs. The ground floor includes a formal carpeted dining and lounge area positioned at the front of the property and a tiled family room off the kitchen at the rear. There is a small under-stairs internal storage with a separate external double garage with an auto door, and a fully enclosed backyard provides privacy. Security screens are fitted throughout. Built approximately 2005 and currently rented at $850pw, assessed annually, and rental income guaranteed to be paid weekly, without fail until the end of the lease. Adamstown, a well-established Newcastle suburb, offers excellent transport links, including the Adamstown train station for commuting, frequent buses for easy access to the CBD and Sydney, and a short drive to beaches and city amenities. Residents enjoy convenient local shops, cafes, supermarkets, and health services, along with parks, sports fields, and walking/cycling routes that support an active, family-friendly lifestyle. The area has good schooling options, a strong community feel, and a solid mix of period and newer homes that appeal to families and investors, contributing to steady property demand. PROPERTY FEATURES: * 3 bedrooms, 2 with BIRs & main with WIR and ensuite * Air conditioning and ceiling fans throughout * 2 separate living areas incl. family/kitchen and lounge/dining * Tiled family and carpeted bedrooms/lounge and dining * Safety screens throughout * Outdoor covered patio * Double lock-up auto garage * Easy to maintain yards * Built approx. 2005 * Torrens Title - not subject to strata fees * Council/Water Rates - are approx. $3,960 per annum (water usage is reimbursed by DHA) This investment equals "peace of mind" from a long lease, guaranteed rental income paid monthly in advance and other extensive benefits of the DHA Property Care Services. CURRENT LEASE FEATURES : * Lease edition: Lease Edition 6 * Lease start date: 20/09/2020 * Lease end date: 19/09/2029 * Lease option: Used * Right to vary: 1 x up to 12 months reduction * Note: The option and right to vary is at DHA's discretion. CURRENT RENT: $850pw and assessed annually. DHA LEASE BENEFITS: * Guaranteed rent paid in advance, even when the property is vacant * Annual market rent review service (conducted by an independent licensed valuer) * Online services portal to view and manage your property * The lessor will be entitled to a lease-end make-good, which includes new paint and carpets (refer to the DHA Lease Agreement) * Property Care program - DHA is responsible for organising and covering the cost of most non-structural repair and maintenance works, including the replacement of fixed appliances as needed * Tenancy management - DHA takes the pressure off managing the tenants; you do not have to inspect the property (however, this can be arranged on request) * Emergency repair - in the event of an emergency DHA will act quickly on your behalf * Zero re-letting fees These are just some of the benefits of the DHA lease attached to this property. Enjoy all the benefits of rental guarantee and a no fuss investment property; let DHA do all the hard work for you. * Investing with DHA - This property is for sale on behalf of a DHA Lessor and has a DHA Lease Agreement in place. Visit dha.gov.au to learn about the benefits of investing in a DHA property. If you would like to arrange a private inspection, please contact Jenny Andrew of Hudson Property Agents on 0414 207 279. NOTE: We are required to provide 3-DAYS notice to the tenants of an inspection, so please keep this in mind when requesting one. **In accordance with DHA regulations, we advise that this property will only be available for private inspections to pre-qualified buyers, that is, those with pre-approved finance. *** Photos supplied by DHA for the purposes of marketing the property **** Weekly rent quoted is for 2026 as per 2025 rental assessment completed in December
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Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 3
- Bathrooms
- 0
- Parking
- 0
- Land Area
- 406m²
- Listed
- 1 week ago
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