DHA Leased Investment Opportunity. Enjoy the many benefits of owning a property leased by Defence Housing Australia. A DHA lease provides a guaranteed rental income, with annual rental reviews to market, comprehensive and professional property management; as well as generous restoration provisions at lease end.

The property is located in the southern Wagga Wagga suburb of Bourkelands. The South City Shopping Mall with Coles and Aldi Supermarkets are located a short drive away. Jubilee Park, one of Wagga’s premier sporting complexes is also close by. Bourkelands is a growth area with quality homes and services – a popular suburb for families and new home owners.

The current lease with DHA expires in December 2014. DHA have an option for an additional term of three (3) years

Rent – $22,880 pa
Gross Yield – 6.37%

Defence Housing Investment properties provide stability through long term leases and potential growth through annual market rental reviews. Managed through Defence Housing they offer a passive form of property investment that is difficult to match.

Call Richard Rossiter for more information on 0409 005 336.