INVESTOR OPPORTUNITY, LONG LEASE, LARGE BLOCK AND TRIPLE GARAGE!
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About this property
INVESTOR OPPORTUNITY: This well established home perched on a generous 722sqm block is currently on a DHA (Defence Housing Australia) lease with secure rental income until June 2030 with a 3 year option, which could take it through until 2033! A DHA (Defence Housing Australia) lease offers the new owners secured rental income, resulting in stress free investing, regardless of whether the home is tenanted. Ideal for investors from anywhere in the country, superannuation funds, and perfect for those starting their property portfolio and looking for a safe and secure option to get started. LEASE FEATURES : * Lease start date : 21/06/2024 * Lease end date : 21/06/2030 * Lease option : 1 x up to 36 months * Right to vary : 1 x up to 12 months Reduction and 1 x up to 12 months Extension * All options/extensions are in DHA's favour. CURRENT RENT : $585 pw rent - and adjusted periodically based on the assessment from independent professional valuer. PROPERTY FEATURES: * Brick and Tile home with 4 Bedrooms - main with Ensuite & WIR * 2 separate Living areas inc Separate Lounge * modern kitchen with gas cooktop, stone Benchtops and amble storage * TRIPLE garage with internal access * 772 sqm Block * Outdoor and undercover entertaining/Alfresco area * Walking distance to Grace Christian College. * Just minutes from the centre of Wodonga and with a beautiful backdrop of the Leneva Valley. * Built approx 2008 RATES : COUNCIL : approx $660.40 per quarter WATER : approx $579 per quarter less the cost of usage (approx $440) rebated back to lessor by Defence Housing. DHA LEASE BENEFITS: * Secure rental income paid on time every time regardless of whether the house is empty * Periodic independent rent reviews * Most maintenance paid for by DHA * Fully Repainted inside and out, and re-carpeted at the end of the lease * Zero re-letting fee Invest now and reap the rewards of the future growth of this area. Please contact Sharon Richter of Hudson Property Agents on 0407 288028 today to arrange your inspection of this mid lease DHA home. DHA LEASE BENEFITS: * Secure rental paid on time every time regardless of whether the house is tenanted * Periodic independent rent reviews * Most 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 ** 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 co-ordinated 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 Floorpan, 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
- For Sale
- Bedrooms
- 4
- Bathrooms
- 2
- Parking
- 3
- Land Area
- 722 m²
- Listed
- 1 month ago
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Neighbourhood
Living in Wodonga
This 4-bedroom house in Wodonga, VIC 3690 sits within reach of public transport, local shops and nearby schools. It is listed 20% above the $627,000 median of 76 comparable houseswithin 5 km.
Schools near Wodonga
- Wodonga Middle Years Collegecombined · 3-9 · CoEd
- Wodonga Middle Years College-HighWater Campuscombined
- St Augustine's Schoolprimary · Prep-6 · CoEd
- Wodonga Primary Schoolprimary · Prep-6 · CoEd
- Wodonga South Primary Schoolprimary · Prep-6 · CoEd
- Wodonga West Primary Schoolprimary · Prep-6 · CoEd
What's nearby
- Unnamed (bus) — 2.4 km away
- X-Nails — 2.2 km away
- Unnamed — 2.2 km away
- Marimba Park — 2.5 km away
- Alma Rogers Park — 2.5 km away
Wodonga at a glance
Full suburb profile- Population
- 20,259
- Median age
- 39
- Household income
- $1,364/wk
- Median rent
- $280/wk
- Median mortgage
- $1,387/mo
Source: ABS Census.
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Wodonga price trend
Median sold · House 4 bed
Compound growth +5.1% / yr over 4 yrs
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