House Sold by Cairns Property Office in Kanimbla 4870 QLD
Excellent NETT RETURN OF 4.55 %. Rock Solid Defence Housing Lease until 5 May 2020!! Serious owner price to sell quickly!!
Weekly Gross Rent - $ 480 or NETT $ 20,913.12 per annum.
What a great investment in this popular neighbourhood so close handy to the city, popular shopping precints and great schools. Serious seller offering a Nett return of $ 4.55% - better than the banks these days. Kanimbla is a top class location for long term investment ( a replacement lot of vacant land in this area is now well over $300,000!!) Defence Housing Australia (DHA) has a guaranteed lease in place until 05/05/2020 so you can relax knowing everything , including maintenance , is taken care of professionally until the end of your lease. This spacious 4 bedroom family home is located in the quiet cul de sac end of the street, and has mountain views from the back yard & is amongst top quality homes & neighbours.
DHA Lease Summary
Lease edition: Edition 6. Lease start date: 06/05/2017: Lease end date: 05/05/2020
PLUS OPTION -
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
Weekly Gross Rent - $ 480 or
NETT ANNUAL RENT = $ 20,913.12 CLEAR AFTER D.H.A. MANAGEMENT FEES AND GST.
DHA Lease Edition 6 provides for lease restoration works completed at the termination of the lease. Investing with DHA – This property is for sale on behalf of a DHA lessor and has a DHA lease in place. Visit dha.gov.au to learn about the benefits of investing in DHA property. In accordance with DHA regulations we advise that this property will be available for private inspection only and to prequalified buyers only. Photos are supplied under agreement by DHA and are for illustration purposes only.
Guaranteed rent is paid 52 weeks a year. Rent is paid a month in advance
Rent is reviewed in December every year by a registered valuer.
DHA Property Care maintenance package included.
Fabulous investment to add to your portfolio.
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Real Estate For Sale in Kanimbla, QLD 4870 priced between $320,000 and $600,000