This 5 bedroom home located in North Nowra, is sure to be a favourite with the investors. It is under a current DHA lease until May 2017 and achieving $425pw rent.
Benefits of owning a DHA leased property: rent is payable from commencement of the term of the lease, for the life of the lease, rent is accrued daily & is paid monthly in advance, directly into your bank account; rent is even paid if the property isn’t occupied.
A distinguishing feature of a DHA lease is DHA Property Care, an extensive range of property related services they provide throughout the lease term for a single service fee. As the end of the lease agreement approaches, they ensure your property is returned in good order by providing a restoration service. They ensure the property is professionally cleaned; appliances are clean and in good working order; and the dwelling, grounds and landscaping are in a neat & tidy condition. Where the lease term is 6 years or longer, they paint the property internally. Where the lease term is 9 years or more, they also replace the carpet & paint externally (except where this is the responsibility of a Body Corporate). There is a 1 x 3 year option with this property.
This lease would go under the conditions of the 9 year or more category.
Investing with DHA:
This property is for sale on behalf of a DHA lessor and has a DHA lease in place.
Visit dha.gov.au to learn about the benefits of investing in DHA property.