HIGH YIELD - INVESTOR OPPORTUNITY - DHA LEASED UNTIL 2028. CURRENT RENT OF $650PW
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About this property
INVESTORS : This spacious home is an ideal opportunity to purchase with assurance of a long term security of a DHA (DEFENCE HOUSING AUSTRALIA) lease in place right through until November 2028. Currently renting at $650 PW with the annual rent review due again in December. Located minutes from Flinders Christian College, Tyabb Railway Station Primary School and only minutes to the heart of Tyabb. A DHA (Defence Housing Australia) lease offers the new owners amazing inclusions such as guaranteed rental income, a comprehensive property care/maintenance package, & annual independent professional rental valuations and adjustments, all of which are designed to offer buyers a stress free experience. Ideal for those investors located anywhere in the country, purchasing as an individual or through self managed super funds, and perfect for those starting their property portfolio and looking for a safe and secure option. LEASE DETAILS : * Lease edition Edition 6C * Lease start date 25/11/2019 * Lease end date 24/11/2028 * Lease option USED * Right to vary 1 x up to 12 months Reduction and 1 x up to 12 months Extension * Important Note: All options and extensions are in DHA's favour. CURRENT RENT FOR 2026 : $650PW and adjusted each December according to an independent professional valuation PROPERTY FEATURES * 3 bedrooms inc downstairs Master with full ensuite and walk-in robe * Family bathroom with separate powder room downstairs * Built-in robes to other rooms * Open plan living * Modern kitchen with stone benches * Gas ducted heating * Split system heating/cooling * Double lock up garage with internal access * Enclosed courtyard * Rain water tank * 6 Star Energy Rating DHA LEASE BENEFITS: * 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 Rates: Council & Water Rates Approx $1,496 pa Owners Corporation fee : $555 per quarter Land Tax only $975pa ** A note for Owner Occupiers -This property is sold with a DHA (Defence Housing Australia) lease in place which offers significant benefits to the investor however can't be occupied by the owner/s until the lease ends ** ***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 Sharon Richter of Hudson Property Agents. In accordance with DHA regulations, we advise that this property will only be available for private inspections and must be coordinated by the agent with the tenants. Information provided above has been obtained from various sources 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, lease dates, build date, land size, floor plans and size, and 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
- Sold
- Bedrooms
- 3
- Bathrooms
- 2
- Parking
- 2
- Land Area
- 252 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Tyabb
This 3-bedroom house in Tyabb, VIC 3913 sits within reach of public transport, local shops and nearby schools. It is listed 24% below the $945,000 median of 68 comparable houseswithin 5 km.
Schools near Tyabb
- Flinders Christian Community Collegecombined · Prep-12 · CoEd
- Tyabb Primary Schoolprimary · Prep-6 · CoEd
- Tyabb Railway Station Primary Schoolprimary · Prep-6 · CoEd
- Padua College - Tyabb campussecondary
What's nearby
- Tyabb (train) — 1.7 km away
- Unnamed — 1.2 km away
- Unnamed — 1.3 km away
- Crofters Hill Way Reserve — 1.7 km away
- Unnamed — 1.7 km away
Tyabb at a glance
Full suburb profile- Population
- 3,449
- Median age
- 42
- Household income
- $1,858/wk
- Median rent
- $383/wk
- Median mortgage
- $1,824/mo
Source: ABS Census.
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Tyabb price trend
Median sold · House 3 bed
Compound growth +1.7% / yr over 4 yrs
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