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Augustine Heights Queensland 4300,
Augustine Heights 4300, Queensland

4 bedrooms
2 bathrooms
2 car spaces
683m² land size
House

$680,000


Property details

Perfect DHA Investment Opportunity

Located in the sought-after suburb of Augustine Heights, this stunning family home offers the perfect blend of modern style and functionality. This property is currently leased to Defence Housing Australia (DHA) and for sale on behalf of a DHA lessor.

This stunning four-bedroom home boasts an open-plan living and dining area, modern kitchen, separate media room and covered outdoor entertainment area. The spacious bedrooms feature built-in robes, and the master bedroom includes an ensuite. Other features include air conditioning, ceiling fans, and a double lock-up garage with internal access. This property is ideally situated near shops, schools, and public transport, making it the perfect investment opportunity.

* Built in 2010 and boasting a 683sqm allotment
* Open plan design with a modern approach to style
* Offering living and sitting spaces indoor and outdoor
* Four spacious bedrooms
* Two bathrooms
* Double lock up garage
* Air conditioning and ceiling fans throughout
* Conveniently located near parks, schools, shopping centres and transportation
* In the Greater Springfield Region - a well planned and fast growing community
* Close to Augusta State School and St Augustine's College
* Great access to community amenities, recreational & healthcare facilities

DHA Lease Summary:
* Current rental per week: $494.69 per week (After management fees and adjusted each December according to an independent professional valuation)
* Lease start date: 31/05/2013
* Lease end date: 30/05/2025

DHA Lease Options and Variations:
* Option Available: 1 x up to 36 months (extension)
* Right to Vary Available: 1 x up to 12 months reduction and 1 x up to 12 months extension

WHY DHA
Investing in a DHA (Defence Housing Australia) investment home is an ideal option for those seeking a secure and hassle-free investment. DHA offers a long-term lease of up to 12 years, with guaranteed rental payments for the duration of the lease, ensuring a steady and reliable cash flow for investors. DHA properties are located in high-demand rental areas, particularly in proximity to ADF bases, guaranteeing a constant pool of potential tenants. Moreover, DHA takes care of all maintenance and repairs for the property during the lease term, reducing the management burden for investors. DHA properties are built to a high standard and maintained to a high standard, which can result in higher resale value compared to non-DHA properties. With DHA's attractive incentives, such as a lease-end restoration guarantee and the ability to transfer the lease to a new owner, investing in a DHA property is a smart investment strategy for those looking for a secure and stable long-term investment.

DHA Lease Benefits:
* Guaranteed rent is paid 52 weeks a year (DHA guarantee to pay the rent even if the property is vacant).
* Rent is paid a month in advance
* Rent is reviewed in December every year by a registered valuer
* DHA Property Care, an all-inclusive service fee, covers a range of property related services.
* The property is cleaned at the end of each tenancy period.
* The lessor may also be entitled to a lease-end restoration guarantee (refer to the DHA Lease Agreement)

Visit www.dha.gov.au to learn more about the benefits of investing in a DHA property.

In accordance with DHA regulations we advise that this property will be available for private inspection only and to prequalified buyers only. Photos are supplied under agreement by DHA and are for illustration purposes only.

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