We have all heard it many times, “Invest in Brick and Mortar”. Well if you’re looking for a great investment property but a little unsure, now’s the time. What better security than knowing the Australian Government is your lessee, guaranteed monthly rent payment and the protection of a lease until 2021.Currently renting for $340 per week gross (paid monthly and adjusted yearly). That’s a return of over 5.3% plus good capital gain potential. (Management fees- 16.5%). Plus the DHA take care of the general maintenance and running of the property.

The home itself is quiet impressive, has great street appeal and only about 7yrs old. Consisting of four (4) bedrooms, all are good size plus the main bedroom has an ensuite and robe. The internal layout is very family focused with the bedrooms being separate from the large open living area. (Three in total) The modern kitchen is also quiet large and practical and services the adjoining dining room. The recent addition of numerous split system air-conditioners guarantees year round comfort plus there’s a good size under roof outdoor area.
The block is flat and fully fenced, plus it’s a good sized 620sqm. This house is surprisingly larger than the average house in this estate, which means it will always be popular and hold its value.

This property has been a “DHA lease back” property since brand new and the lease will remain in place until May 2021 and the best part is once it expires the DHA will give it a mini-refit. New carpet, New paint inside and out etc.. in the mean time they will cover basic repair and maintenance of the property.

# Property is only available for investors as the lease remains in place until 2021#