Located in one of Townsville’s most popular and fast-growing suburbs, this very well-maintained property has a Defence Housing Australia lease in place until 16.12.2024 with weekly rent guaranteed.

The DHA have an option at the end of the lease for a further 3 years.

Gross Rental income $500 per week.

THE PROPERTY
– Spacious block low-maintenance home
– Four bedrooms with split system air conditioning & built-in wardrobes
– Master bedroom has private ensuite and walk-in wardrobe
– Open-plan living and dining area
– Central kitchen featuring ample bench and cupboard space and stainless-steel appliances
– Separate lounge area located off the kitchen
– Large outdoor entertaining area
– Split systems throughout
– Tiled throughout
– Freshly painted internally
– Concrete walk-paths around residence
– 653 sqm fully fenced block in the quiet street
– Council rates approx. $2,160.42 per half-year

Lease Details at a glance:
– Current gross rental of $500 per week (assessed annually)
– Guaranteed weekly rent whether the property is vacant or occupied
– Lease end date 16/12/2024 (no option to vary)
– DHA option for a further 3 years on lease expiry
– Most maintenance is handled and paid for by DHA
– End of Lease make-good handover (Refer to DHA lease terms)
– No fuss, set and forget investment

THE LOCATION
• Approx. 5 minute drive to the North Shore Amenities including Woolworths and Bunnings
• Approx. 5 minute drive to the Townsville Grammar School North Shore
• Approx. 5 minute drive to Saint Clare’s Catholic School
. Close to Bunnings Close Woolworths Coles Mcdonalds Gym Pool
• Easy access into town with the Bruce Highway