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Agent Details

Tony ONeill

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Quality Home with a Defence Lease!

Sold for $570,000

Farrar

4
2
2

Profile

A classic Overlander Homes construction, with some finishing touches that set it apart from the rest.

Leased to Defence Housing, this quality home is a perfect investment for now - and maybe your own live-in home when Defence moves out.

In the meantime, collect the rent from Australia's best residential tenant and rest easy with their renowned management of the property during the lease period. You will get the home returned to you in very good condition.

The home was privately built and then leased to DHA at a later date. It is definitely a home you and others will want to live in.

Consider the features -

* 4 bedrooms, main with ensuite
* All 4 bedrooms have tiled floors and built-in robes
* The family and dining areas adjoin the side verandah
* Extra media room or second living area
* The home is fully air-conditioned by split-system units
* Lovely walk-thru robe in the main bedroom
* Attractive timber features throughout the home
* Double lock-up garage with storage space and internal access
* Generous 684sqm lot with room for kids to play
* Generous 18m frontage
* Neighbourhood of similar-quality homes
* Situated in a quiet cul-de-sac
* Close to the Palmerston CBD
* Palmerston Council rates are $1287p.a + garabge collection $480p.a

DHA Lease Summary
Lease end date: September 2023
Current Rent For 2022: $680 per week

DHA Lease Options and Variations
Lease option: Up to 3-year lease-option period
Right to vary: 1 x up to 12 months Reduction/Extension in the lease term

Note: The right to vary the term of the lease is at DHA's discretion.

* DHA guarantee to pay the rent even if the property is vacant.
* DHA Property Care, an all-inclusive service fee, covers a range of property-related services.
* The property is cleaned at the end of each tenancy period.
* The lessor may also be entitled to a lease-end make-good (refer to the DHA Lease Agreement)
* A rental floor may apply to the DHA Lease Agreement (applicable to specific lease editions and
applies to commencement rent).

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

DHA regulations mean that this property will be available for private inspection only and to prequalified buyers only.

The rent displayed is the 2022 rental figure.

Photos are supplied under agreement by DHA and are for illustration purposes only.


Features

21071230
Property ID
4
Bedrooms
2
Bathrooms
2
Garage
684 sqm approx.
Land Size
228 sqm approx.
Building Size
18 meters Approx.
Frontage

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