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Property description
Guaranteed Rent | Stress-Free InvestmentThis 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
DISCLAIMER
**PHOTOS ARE FROM PRIOR TO TENANTS MOVING IN & OR WHEN NEW
All information (including but not limited to the property area, floor size, price, address, and general property description) is provided as a convenience to you and has been provided to Michael Lo @realty & @realty by third parties.
This Information should not be relied upon alone and you should make your own enquiries and seek legal advice in respect to all information about the property contained in this advertisement.