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INVESTOR OPPORTUNITY, LONG LEASE, LARGE BLOCK AND TRIPLE GARAGE!

Wodonga, VIC 3690, Australia
$745,000
4 bed 2 bath 3 car722m²

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Area Price Guide
$700,300$789,700

Indicative price guide range

🏘️
75
Comparable
📊
$630,000
Area median
⚖️
+18%
vs median
📐
$1,032
Per m²
📏
722 m²
Land
🗓️
Today
Listed

Approximate location shown. Contact agent for exact address.

Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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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 guaranteed rent 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 guaranteed 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 annually 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: * Guaranteed rent paid on time every time regardless of whether the house is empty * Annual 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: * Guaranteed rent paid on time every time regardless of whether the house is tenanted * Annual 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 Features

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    Repayment calculator

    $3,612/month
    $1,806 /fortnight
    Loan $596,000 at 6.10% over 30 years

    Upfront costs

    Deposit$149,000
    Stamp duty$39,770
    Conveyancing (est.)$2,000
    Total upfront$190,770
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    4
    Bathrooms
    2
    Parking
    3
    Land Area
    722m²
    Listed
    Today

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