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About this property
This DHA investment property is positioned within the popular Potters Lane Estate in Raymond Terrace and presents an exceptional investment opportunity in one of the Hunter Region's fastest-growing residential markets. Offering a modern, low-maintenance home in a family-friendly location, this property is ideally suited to investors seeking strong tenant appeal, long-term capital growth potential and a location benefiting from significant government infrastructure investment. Why investors will love it: * Modern home requiring minimal ongoing maintenance * Strong appeal to families and professional tenants * Functional floorplan with multiple living spaces * Quality fixtures and finishes throughout * Low-maintenance yard, reducing ongoing upkeep * Located within a well-established, high-demand residential estate Raymond Terrace is a suburb positioned for FUTURE GROWTH. Raymond Terrace continues to attract increasing attention from investors due to its affordability, lifestyle appeal and strategic location within the Greater Newcastle region. One of the suburb's biggest catalysts for future growth is the completion of the Hexham and Raymond Terrace bypass, a major infrastructure project that has transformed connectivity throughout the Hunter. The bypass has significantly reduced congestion and improved travel times to Newcastle, Maitland, Newcastle Airport, the Port of Newcastle and the M1 Pacific Motorway, enhancing Raymond Terrace's appeal for commuters and expanding its tenant catchment. As housing affordability becomes increasingly constrained across Newcastle and surrounding suburbs, Raymond Terrace offers investors an opportunity to secure a quality asset in a market with strong growth fundamentals and excellent value relative to neighbouring locations. PROPERTY FEATURES: * 4 large bedrooms/2 bathrooms * Double lock-up garage, internal access and plenty of open space parking * Master bedroom with WIR and ensuite * Spacious open plan dining, kitchen and family area providing access to outdoor patio * Separate carpeted living area * Spilt system air conditioners and ceiling fans throughout * Tiled/carpeted living spaces and carpeted bedrooms * Separate laundry * Undercover outdoor entertaining area * Safety screens throughout Build Date: 2015 Builder: Thomas Paul Constructions Council and Water Rates: approx. $2,730.00 per annum Currently rented at $740pw, this DHA investment property's rental income is assessed annually (each December) and rental income is guaranteed until the end of the lease. This investment equals "peace of mind" from a long lease, guaranteed rental income paid monthly in advance and other extensive benefits of the DHA Property Care Services. LEASE DETAILS : * Lease start date: 12/08/2021 * Lease end date: 13/08/2027 * Lease option: Available (NOTE: DHA have confirmed they are extending the lease to August 2030) * Right to vary: Not Applicable * All options/extensions are in DHA's favour. * Current Gross rent $740pw and reviewed annually each December. * Council and Water Rates - approx. $2,730.00 per annum DHA LEASE BENEFITS: * Make good provision - repaint (internal and external) and recarpet at lease end * Guaranteed rent paid on time every time regardless of whether the house is tenanted * Annual independent rent reviews * Most non-structural maintenance paid for by DHA * The lessor may also be entitled to a lease-end make-good (refer to the DHA Lease Agreement). * Zero re-letting fees These are just some of the benefits of the DHA lease attached to this property. Enjoy all the benefits of rental guarantee and a no-fuss investment property; let DHA do all the hard work for you. *** Investing with DHA - This property is for sale on behalf of a DHA Lessor and has a DHA Lease Agreement in place. Visit dha.gov.au to learn about the benefits of investing in a DHA property. If you would like to arrange an inspection please contact Jenny Andrew of Hudson Property Agents on 0414 207 279 (we are required to provide DHA tenants 72 hours notice for inspections). In accordance with DHA regulations, we advise that this property will only be available for private inspections and to pre-qualified buyers, that is those with pre-approved finance. Information provided above has been obtained from various sources from which we believe to be accurate, however, Hudson Property Agents accept no liability for any errors or omissions, including but not limited to a floorplan, build date, land size, floor plans and size, property condition. Interested parties should make their own enquiries and conduct their own due diligence in addition to obtaining legal advice from their appointed solicitor or conveyancer.
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 4
- Bathrooms
- 2
- Parking
- 4
- Land Area
- 603 m²
- Listed
- Yesterday
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Neighbourhood
Living in Terrace
This 4-bedroom house in Terrace, NSW 2324 sits within reach of public transport, local shops local amenities.
What's nearby
- William Bailey St at Carmichael St (bus) — 122 m away
- Supercheap Auto — 261 m away
- Ross Wallbridge Reserve — 307 m away
- Unnamed — 473 m away
- Edstein Park — 903 m away
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