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Defence Housing Australia – Secure Lease Until 2020 plus a 3 year extension option

Currently under long term lease to Defence Housing Australia (DHA) until 2020 with a 3 year extension option at $470 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: $470.00
Lease end date: 10/09/2020
Next rent review: 31/12/2019
Lease option: 1 x fixed 36 months (Note the option and right to vary is at DHA’s discretion)
Right to vary: 1 x up to 12 months Reduction or Extension

Situated at the popular suburb of Northgate only 12kms from the city and offering exceptional street appeal. Having three bedrooms with the master bedroom complete with ensuite and built-in robe with and all remaining bedrooms also having built in robes. The kitchen is located centrally in the properties floor plan and is open plan with the everyday living and dining which opens up to the outdoor entertaining area to make for seamless indoor and outdoor living and entertaining.

Other features that enhance the investment;

– Double garage under the main roof with direct internal access
– Rear outdoor under cover entertaining area
– Gas cooking
– Second separate living area & formal dining
– Fully established front and rear gardens
– Surrounded by other quality establish homes
– Easy access to parks, Shopping Centres, Schools and Transport

Situated on a corner allotment of 475sqm this property will be an exceptional long term investment which has been matched with the perfect secure and reliable tenant being Defence Housing Australia.

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 / 5883/288
Council / City of Port Adelaide Enfield
Zoning / R’55
Built / 2004
Land / 475m2

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.

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Our Agents

0448 212 066