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About this property

Positioned on a generous 787sqm corner block in sought-after Annandale, this spacious four-bedroom home offers an ideal blend of secure investment income now and exciting lifestyle flexibility in the future. Currently leased to Defence Housing Australia until February 2027, the property provides guaranteed rental income, annual independent rent reviews and the reassurance of DHA's professional property management and maintenance arrangements. For investors, it represents a low-maintenance holding in one of Townsville's most established family suburbs. Importantly, this property also presents an excellent future opportunity for owner-occupiers. At the end of the DHA lease, the home is expected to be repainted and recarpeted at DHA's expense, subject to the terms of the lease agreement, giving the incoming owner the chance to move into a refreshed family home in a highly convenient Annandale location. With four large bedrooms, multiple living areas, an inground pool and proximity to leading schools, James Cook University, Townsville University Hospital and Lavarack Barracks, this is a property that can work for you both now and later as a secure leased investment today, and a refreshed family residence at lease end. CURRENT GROSS RENT for 2026: $700 pw LEASE DETAILS : * Lease start date : 11/2/2018 * Lease end date : 10/2/2027 * Lease option : USED * Right to vary : 1 x up to 12 months Reduction and 1 x up to 12 months Extension * Important Note: Options and right to vary are at DHA's discretion. RATES Council and Water combined : APPROX $2610 per 6 months. (Water usage claimable from DHA) PROPERTY FEATURES : * 4 Large bedrooms including Main with Ensuite, Air Con and two separate Walk In Robes * Generous size kitchen with walk in pantry, ample storage and bench space * Bedroom 2 & 3 feature walk in robes * Outdoor undercover living area overlooking fully fenced rear yard & * Sparkling in ground swimming pool * Two separate living areas inc air conditioned family and lounge * Security Screens on doors and windows * Ceilings fans in all bedrooms. * Built approx 2003 * Approx 787sqm of land * Spacious flat rear yard * Garden/storage shed * Walk 400m to Townsville Grammar * Walk 400m to William Ross State High School * Walk 600m to Southern Cross Catholic College * Short drive to both Annandale Shopping Centre and Fairfield Shopping Centre * Short drive to James Cook University Hospital & University and Lavarack Barracks DHA LEASE BENEFITS: * Guaranteed rent paid on time every time regardless of whether the house is tenanted * Annual independent rent reviews * Most non structural maintenance paid for by DHA * The lessor may also be entitled to a lease-end make-good (refer to the DHA Lease Agreement). * Zero re-letting fees ** * 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 an inspection please contact Sharon Richter of Hudson Property Agents. In accordance with DHA regulations, we advise that this property will only be available for private inspections and to pre-qualified buyers. Information provided above has been obtained from various sources from which we believe to be accurate, however, Hudson Property Agents accept no liability for any errors or omissions, including but not limited to a Floorpan, build date, land size, floor plans and size, property condition. Interested parties should make their own enquiries and conduct their own due diligence in addition to obtaining legal advice from their appointed solicitor or conveyancer.

Property Features

Location & Nearby

Approximate location shown. Contact agent for exact address.