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Agent Details

Tony ONeill

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Defence Lease at $825pw

Sold for $682,000

Muirhead

3
2
2

Profile

When buying a property investment, the quality of the tenant is paramount.

Collect the rent from Australia's best residential tenant - Defence Housing.
Rest easy with their renowned management of the property during the lease period.

There are still 5 years to run on the main lease of this home - plus a further 3 option period on top.

This modern home is a good investment, as it is well-built and located in one of our most popular suburbs. Here are some features -

* 3 bedrooms, main with ensuite
* Separate formal study area
* All 3 bedrooms have tiled floors and built-in robes
* The family and dining areas adjoin the side verandah
* There is a second living/family room
* The home is fully air-conditioned by split-system units
* Double lock-up garage with storage space and internal access
* 599sqm lot with a generous 20m frontage
* Side parking area for boat, trailer or caravan
* Neighbourhood of similar-quality homes
* Casuarina Square, Hospital and University are all close by
* Darwin city rates approx. $1770p.a
* Garbage collection $312p.a

DHA Lease Summary
Lease end date: December 2027
Current Rent For 2023: $825 per week
Rent reviewed each year at 31st December - rent cannot go below $825pw

DHA Lease Options and Variations
Lease option: Up to 3-year lease-option period - option in favour of DHA
Right to vary: 1 x up to 12 months Reduction/Extension in the lease term

Note: The right to vary the term of the lease is at DHA's discretion.

* DHA guarantee to pay the rent even if the property is vacant.
* DHA Property Care, an all-inclusive service fee, covers a range of property-related services.
* The property is cleaned at the end of each tenancy period.
* The lessor may also be entitled to a lease-end make-good (refer to the DHA Lease Agreement)
* A rental floor may apply to the DHA Lease Agreement (applicable to specific lease editions and
applies to commencement rent).

Investing with DHA - This property is for sale on behalf of a DHA lessor and has a DHA (Defence Housing Australia) lease in place.

Visit dha.gov.au to learn about the benefits of investing in DHA property.

DHA regulations mean that this property will be available for private inspection only and to prequalified buyers only.

The rent displayed is the 2023 rental figure.

Photos are supplied under agreement by DHA and are for illustration purposes only.

Features

21074036
Property ID
3
Bedrooms
2
Bathrooms
2
Garage
599 sqm approx.
Land Size
252 sqm approx.
Building Size

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