Oonoonba QLD 4811

An outstanding opportunity for investors seeking a set and forget asset with long term reliability. Built in 2016, this modern two bedroom residence is leased to Defence Housing Australia, providing guaranteed rent, zero vacancy risk, and professional maintenance throughout the tenancy. It presents an exceptional chance for savvy investors looking to enter the market or strategically expand their portfolio with a secure and low maintenance property.

FEATURES:

• Open-plan living area - perfect for family time and entertaining
• Modern kitchen with stone bench tops
• Built-in robes
• Study nook
• Split-system air conditioning
• Tiled living areas and carpeted bedrooms
• Single remote garage for secure parking
• Internal Laundry

At the end of the lease, DHA often:

Repaints the property internally
Replaces floor coverings if needed
Conducts repairs to restore the property to a tenantable standard
All of the above means the property is usually handed back in excellent condition compared to regular rentals.

LEASE DETAILS:

Current weekly rental $490 per week (independently valued every December for the coming year)
Lease Term: 20/05/2023 to 19/05/2029 (Option 3 Years)

DHA properties come with a lease that guarantees monthly payments, whether the property is vacant or occupied. It's truly a set-and-forget investment, as DHA manages all day-to-day maintenance throughout the lease term.

In accordance with DHA regulations, we advise that this property will only be available for private inspections and pre qualified buyers. 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 learn the benefits of investing in Defence Housing Australia property.

Current Rates before Discount and Water Consumption: $3,593.70 PA

Get to Know Oonoonba:
Located within The Village master planned community, Oonoonba offers a modern and connected lifestyle just minutes from the Townsville CBD. Surrounded by parklands, walking tracks, and playgrounds, it's a suburb designed for easy living with strong long term growth potential. Residents enjoy nearby cafes, schools, and shopping options, along with quick access to Lavarack Barracks, Townsville University Hospital, and James Cook University, making it a highly sought after area for both families and investors.

Inspections Welcome, call #DakotaClarke 0484 534 703.

Interested parties should verify the accuracy and currency of the information and make their own independent inquiries as the agent cannot attest to the correctness of the information provided. Some file photographs in use may have been taken some time ago or modifications have been conducted at the property since the photography. Please rely on your own inspection and investigations to determine if this property is suitable for your requirements and information provided is general in nature. Ray White Townsville bears no liability for any loss sustained due to inaccuracy or omission.