Rock solid long lease with Defence Housing until December 31st, 2024 – that is 6 years!!
Stress free investment - all the hard work is done by Defence Housing Management team–ZERO VACANCY RATE with a Defence Australia lease – your bank manager will love this.
4 bedroom 2 bathroom home in popular Bentley Park – handy to schools, great sporting facilities and major supermarket, and the very popular Sugarworld Water Park & Edmonton town centre. Bentley Park is one of the larger suburbs on the Southside and is located approximately 15-20 minutes from Cairns CBD.
• Lease :Edition 6 , Lease start date:01/01/2010, Lease end date:31/12/2018. New lease offered Sept 18 to commence and end 6 yrs later – 31.12.2024.
• Right to Vary – 1 x up to 12 months extension and 1 x up to 12 months reduction
• GROSS RENT $ 440 PER WEEK.
NETT RENT ( AFTER DHA MANAGEMENT FEES & gst ) $ 19,170.36 PER ANNUM
Rent is reviewed every December 31st by a registered valuer and will be raised if valuation supports the increase.
Current NETT rent paid to you by DHA being -$ 19,170.36 p.a. ( after DHA fees. Rates & insurance etc to be covered by owner)
The lessor may also be entitled to a lease-end make-good ,refer to the DHA Lease Agreement Lease Edition 6. When you invest in a Defence Housing Australia property, you get a guaranteed rental income for the next 6 years. Because DHA is an Australian Government Business Enterprise, providing housing for the Australian Defence Force, they offer you peace of mind.
All DHA investment properties undergo an annual rent review. When you buy a DHA investment property they provide you with a level of certainty that is unmatched by other property investments – with no tenanting obligations and a rental income that is guaranteed throughout the lease term. But the best thing is that they look after the day-to-day aspects of your investment—pay your rent, manage your tenants and take care of most repairs and maintenance. With DHA you have security & peace of mind. 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.www.dha.gov.au/investing/buy-a-dha-investment-property/benefits/dha-property-care In accordance with DHA regulations we advise that this property will be available for private inspection only and to prequalified buyers only. Photos are supplied under agreement by DHA and are for illustration purposes only Guaranteed rent is paid 52 weeks a year. Rent is paid a month in advance. Rent is reviewed in December every year by a registered valuer. DHA Property Care maintenance package included
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