The Astute Investor knows that a quality rental property in a sought after area is the key to a trouble free investment! So this would have to be the perfect investment opportunity!
Set on an impressive 785 square metre block in the highly desirable Riverside Ridge Estate, this fantastic home is fully air conditioned, and features 3 generous bedrooms, complete with Built in wardrobes, plus Ensuite to the main bedroom. The main bathroom boasts separate shower and bath tub, and there is an internal laundry. The double garage protects the cars, and there is a large entertaining area at the rear of the home. All of this is set on an impressive 785 square metre block in a breezy, elevated location, just minutes to Stockland and other major shopping, quality schools, The Townsville Hospital, James Cook University, the Riverways Precinct and of course, Lavarack Barracks.

This fantastic investment opportunity is currently rented to Defence Housing Australia on a Guaranteed Return until 10/11/2025, with a further 3 year option, and up to 12 month reduction or extension, at a current return of $440 per week. In addition, the property has a rental floor of $440 per week, which means that the rent can only go up, and never below the current rental return while under the current lease!!! How can you possibly go wrong!

Don’t delay as this type of investment in this area cannot last long! Call today to arrange a private viewing.

This property is for sale on behalf of a Defence Housing Australia lessor and has a Defence Housing Australia lease in place. Visit dha.gov.au to learn the benefits of investing in Defence Housing Australia property

*All parties should make and rely upon their own enquiries in order to determine the accuracy of the information supplied. File photographs are in use and may have been taken some time ago. Please rely on your own inspection and investigations as the property may have changed since the photographs were taken. Ross Real Estate (Brenson Pty. Ltd.) bears no liability for any loss sustained due to inaccuracy or omission.*