Located in one of Townsville’s most popular and fast-growing suburbs, this very well-maintained property has a Defence Housing Australia lease in place until 16.12.2024 with weekly rent guaranteed.

The DHA have an option at the end of the lease for a further 3 years.

Gross Rental income $500 per week.

THE PROPERTY
- Spacious block low-maintenance home
- Four bedrooms with split system air conditioning & built-in wardrobes
- Master bedroom has private ensuite and walk-in wardrobe
- Open-plan living and dining area
- Central kitchen featuring ample bench and cupboard space and stainless-steel appliances
- Separate lounge area located off the kitchen
- Large outdoor entertaining area
- Split systems throughout
- Tiled throughout
- Freshly painted internally
- Concrete walk-paths around residence
- 653 sqm fully fenced block in the quiet street
- Council rates approx. $2,160.42 per half-year

Lease Details at a glance:
- Current gross rental of $500 per week (assessed annually)
- Guaranteed weekly rent whether the property is vacant or occupied
- Lease end date 16/12/2024 (no option to vary)
- DHA option for a further 3 years on lease expiry
- Most maintenance is handled and paid for by DHA
- End of Lease make-good handover (Refer to DHA lease terms)
- No fuss, set and forget investment

THE LOCATION
Approx. 5 minute drive to the North Shore Amenities including Woolworths and Bunnings
Approx. 5 minute drive to the Townsville Grammar School North Shore
Approx. 5 minute drive to Saint Clare’s Catholic School
. Close to Bunnings Close Woolworths Coles Mcdonalds Gym Pool
Easy access into town with the Bruce Highway