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About this property

INVESTORS : With a very impressive 5.4% gross rental yield, this property presents the perfect option for those looking to start their property portfolio and to enter the market with an assurance of guaranteed rent from DHA (Defence Housing Australia) and a lease until February 2028. Situated in a newly developed estate "The Village" within the suburb of Oonoonba, this property is 5 minutes from the City Centre and Lavarack Barracks. There are two suburban shopping centres within close proximity, along with eateries and The Murray Sporting Complex. Backing onto the popular suburb of Idalia has this property located close to public schools, medical facilities and is serviced by public transport. The DHA (Defence Housing Australia) lease offers the new owners guaranteed income, resulting in stress-free investing, regardless of whether the home is tenanted. Ideal for investors from anywhere in the country, great for superannuation funds, or for those starting their property portfolio and looking for a safe and secure option to get started. At lease end the home ie repainted and recarpeted before being handed back to the owners to live in, rent out or to sell as they choose. CURRENT RENT 2026 : $520pw and adjusted annually based on the market comparables/assessment from independent professional valuer. DHA LEASE DETAILS : * Lease Edition 6 C * Lease started : 12/02/2016 * Lease end date: 11/02/2028 * 1 x 36 month option : USED * Note: The option and right to vary is at DHA's discretion. This fully air-conditioned modern duplex features two bedrooms, both with built in robes and the main with an ensuite. Cooling is further enhanced with tiled flooring throughout. The kitchen features stainless steel appliances including a dishwasher and stone bench tops. There is a single lock up garage which houses the laundry complete with a clothes dryer. There is a small pebbled rear yard adjacent to the covered outdoor entertainment area. COUNCIL & WATER RATES combined - $1843.93 per 6 months BODY CORP fees - TBC DHA LEASE BENEFITS: * Guaranteed rent paid on time every time regardless of whether the property is tenanted. * Annual independent rent reviews * Most maintenance paid for by DHA * The lessor may also be entitled to a lease-end make-good including new paint and carpet(refer to the DHA Lease Agreement). * 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 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 pre-qualified buyers. Information provided above has been obtained from various sources which we believe to be accurate, however, Hudson Property Agents accept no liability for any errors or omissions, including but not limited to a Floorplan, build date, land size, floor plans and size, and 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.