Francis Street

Team Young, Ray White | The Ialacci Group, invite you to discover this exceptional coastal investment - an outstanding opportunity secured with a long-term Defence Housing Australia (DHA) lease in place until February 2029, plus a renewal option. Offering guaranteed income and minimal management, this is the definition of a set-and-forget investment in a high-demand coastal market. With the growing Navy presence in the Rockingham region, demand for quality housing continues to strengthen, making now an excellent time to secure a property with proven performance and future upside. Offering modern finishes, a practical layout and low-maintenance living, this well-presented three-bedroom home delivers the perfect blend of comfort, style and convenience. Set on a 350sqm block with approximately 140sqm of internal living, this contemporary home is ideal for investors seeking a secure, easy-care asset in a sought-after location. At the heart of the home is a light-filled open plan kitchen, living and dining area, creating a welcoming central hub for everyday living and entertaining. The modern kitchen is well-appointed with generous bench space, quality appliances and a fantastic walk-in pantry, offering excellent storage and functionality while overlooking the main living zones. The master bedroom provides a comfortable retreat, complete with a walk-in robe and stylish modern ensuite featuring excellent storage. The remaining bedrooms are well-sized with built-in robes and are serviced by a central bathroom. Adding further versatility to the floorplan is a dedicated study - an increasingly sought-after feature, ideal for those working from home, running a business, or easily adaptable as a potential fourth bedroom or additional living space depending on your needs. A separate laundry with bench space and direct outdoor access adds further practicality to the home. Step outside to the private, fully fenced front yard, complete with an undercover alfresco area - the perfect space to relax or entertain in a secure, low-maintenance setting suited to a busy lifestyle. Complete with reverse-cycle air conditioning, a double garage and a functional single-level design, this home is designed for effortless, long-term performance as an investment. Ideally located just moments from the stunning Waikiki coastline, as well as local schools, parks, shopping centres and transport links, this home offers a fantastic opportunity in a prime coastal position. Currently leased through DHA at $710 per week, the property benefits from guaranteed rental income paid on time every time, regardless of vacancy. The lease includes annual independent rent reviews, with most non-structural maintenance covered by DHA, zero re-letting fees, and potential lease-end make-good provisions (refer to the DHA Lease Agreement), delivering a truly hands-off investment experience. House plan available on request. This DHA leased property is available for immediate sale on behalf of a DHA lessor and is subject to a DHA Lease Agreement. To learn more about investing with DHA, visit dha.gov.au. In accordance with DHA regulations, the property address cannot be publicly advertised. Proudly marketed by Team Young - two dedicated agents working together to achieve the best possible result for our clients. Disclaimer: This information is provided for general purposes only and is based on details supplied by the Seller. While every effort has been made to ensure accuracy, interested parties should make their own independent enquiries.