Defence Housing Australia - Secure Lease Until 2026 plus a 3 Year Option - Harris Real Estate
Largs North
3 2 2

Currently under long term lease to Defence Housing Australia (DHA) until 2026 at $420.00 per week, an ideal consideration for local & interstate investors, private superannuation funds, astute investors looking for security and a high value tenant, and those seeking quality additions to an investment portfolio. Please note that DHA leased properties have regular rent reviews to keep up with increasing rents in the market place.

This property is for sale on behalf of a DHA lessor and has a DHA lease in place visit to learn about the benefits of investing in DHA property.

Weekly rent: $420.00
Lease end date: 22/07/2026
Next rent review: 31/12/2019
Lease Option: 1 x up to 36 months (Note the option and right to vary is at DHA’s discretion)
Right to vary: 1 x up to 12 months Reduction and 1 x up to 12 months Extension

Situated at Largs North and offering three bedrooms with the master bedroom complete with ensuite and walk-in robe and all remaining bedrooms have built in robes. The kitchen is located to the centre of the properties floor plan and is open plan with the everyday living and meals area which open up to the outdoor rear under main roof entertaining area to make for seamless indoor and outdoor living and entertaining.

This property is well placed to benefit from the ASC Shipbuilding facility at Osborne being awarded the contract for the construction of the 12 new Submarines for the Australian Navy worth $50 Billion along with the Hunter Class Frigates which is a further contract worth $35 Billion and 4000 local jobs for Adelaide.

Other features that enhance the investment;

– Double garage under the main roof with internal access
– Rear entertaining area under main roof
– Well-appointed throughout with modern fixtures and fittings
– Gas cooking
– Two Living spaces
– Fully established front and rear gardens
– Surrounded by other quality establish homes
– Easy access to parks, Shopping Centres and Schools.

Situated on an allotment of 420sqm this property will be an exceptional long term investment with a secure and reliable tenant being Defence Housing Australia until 2026 plus with the addition of a 3 year extension option.

For all enquiries and to arrange to view this property please call Craig Costello on 0448 212 066 or email all inspections are by private appointment.

CT / 6107/311
Council / City of Port Adelaide Enfield
Zoning / MFP
Built / 2013
Land / 420m2
Frontage / 14.00m
Council Rates / $1225.80 pa
ES Levy / $125.85 pa
SA Water / $188.61 pq

All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property’s land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice. Should this property be scheduled for auction, the Vendor’s Statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts.

Craig Costello

0448 212 066