On-Line Auction: 1pm Wednesday 10th August - if not sold beforehand

DHA Lease: 30/06/2009 to 30/06/2024
Lease Option and Right to Vary: Already exercised
Gross Rent: $800 per week with annual rent reviews

Defence Housing Australia investments are renowned as being excellent value for money with great returns – and this property has the benefit of being built to the exacting standards by award winning Blackett Homes. For those wishing to live in this fantastic home in 2024, speak with your accountant about the benefits of claiming 100% of the stamp duty when you purchase.

On offer is this contemporary five bedroom ensuite home with two living areas – or a four bedroom home with three living areas. The 5th bedroom or third living area is 4m x 3.6m, ideal for a wardrobe in the future, or as a rumpus room. Summers will be cool and winters warm in this stylish home as it is fitted with ducted gas heating and evaporative cooling.

In terms of location, you couldn't pick a better spot not far from the light rail. With playing fields and open parkland only a short walk away, schools and local shopping nearby, and Dickson and the City a short drive away. Nestled in a leafy area with no neighbours across the road, overlooking a reserve, be sure to consider this addition to your portfolio.

This Defence Housing Australia investment opportunity is unique. As Harrison repeatedly shows in all the statistics, this property is located in a superb area with good capital growth, making it a positive tranquil retreat for the lucky owner at the end of the DHA lease.

Investors could make contact with DHA closer to the end of the lease to find out if another lease is possible, but this cannot be sought or confirmed during this sale process.

Contact Christine Shaw to arrange a viewing appointment. Viewing times will not be posted on web portals.

Features Include:

- Constructed in 2008 by Blackett Homes
- Single storey five bedroom ensuite home with two living areas
- 5th bedroom of 4m x 3.6m ideal as rumpus room
- Separate formal lounge room
- Separate family room and meals area
- Stainless steel appliances with electric oven and gas cook top
- Large kitchen benchtops and double door pantry
- Exceptionally larger kitchen cupboard space and benchspace
- Breakfast bar easily accommodating 5 chairs
- King sized master bedroom suite segregated from other bedrooms
- Master ensuite and huge walk-in robe
- Three remaining bedrooms each with built-in robes
- Main bathroom with separate bath and shower
- Ducted gas heating and evaporative cooling
- Large laundry with ample storage
- Quality tiling in kitchen and family areas
- Carpet throughout lounge room and bedrooms
- Low maintenance gardens
- Double garage with auto-opening door
- Private outdoor covered entertainment area
- Walk to light rail, bus, parks and schools
- Easy access to arterial roads

This DHA investment equals "peace of mind" from a long lease, guaranteed rental income paid monthly in advance, restoration provisions at lease end and other extensive DHA Property Care Services. For DHA purposes, this home is categorised as a four bedroom ensuite home with three living areas.

Living Area: 196m2
Garage: 38m2
Pergola: 16m2
Total Residence: 250m2

EER: 4
Land Size: 540m2
Land Value: $446,000
Land Rates: $3054 pa
Land Tax: $4432 pa (only payable while an investment)

Note: all measurements and figures are approximate.

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 read about the benefits of investing in Defence Housing Australia property.