Time is right (with financial year end coming up quick) to buy this valuable, low maintenance, secure and imcome assured property.
This home has almost 11 years remaining on a secure lease with the Defence Housing (DHA) expiring in February 2023.
Investing in a DHA leased property offers great advantages to the Investor with many benefits including
- Guaranteed rent regardless of whether the house is vacant
- Annual CPI/Market rent reviews (upwards) Currently rented at $510/wk with increase in Dec 12.
- Majority of maintenance paid for by DHA
- Full repaint after 6yrs and carpet and floors replace/refurbish after 9rys.and at end of Lease requirement clauses.
- Low maintenance property with depreciation allowances available.
Don’t miss this investment with a Defence Housing lease in place offering the astute investor good capital growth in the years to come.