Gross Yield of 5.1%* !! Guaranteed 2.5% increase at Rent Review! Three Living Areas Plus Outdoor Living - Rent of $565 per week
Investors know a yield over 5% is gold. DHA equals 'peace of mind benefit from a long lease, guaranteed rental income paid monthly in advance, restoration provisions at lease end and other extensive DHA Property Care services', with the lease expiring in 2017.
Generally DHA leases have yearly market rent reviews, meaning your rental return may go down, but this property offers a guaranteed rent increase of 2.5% every year and a market review every 5 years!
Increase to $579.12 per week guaranteed rent on 1st July 2012
Increase to $593.60 per week guaranteed rent on 1st July 2013
Increase to $608.44 per week guaranteed rent on 1st July 2014
Increase to $623.51 per week guaranteed rent on 1st July 2015
This 207.7m2 four bedroom ensuite home was built to exacting standards, with a different floorplan to other DHA properties. Upon entering the home, the large plant feature box separates the entry to the large formal lounge and dining room.
Another meals area and separate family room adjoins the large central kitchen. Entertaining will be a delight with a third living area which could be used as a rumpus or theatre room, opening out onto the large covered pergola area. That's four living areas in total!
Chefs will love the well equipped kitchen, with stainless steel appliances, gas cook top and a walk in pantry.
The master bedroom has its own ensuite bathroom and walk through robe, while the three other queen sized bedrooms all have built in robes. For comfort all year round, there is ducted gas heating and thousands of dollars' worth of evaporative air conditioning to be installed in all living areas and bedrooms over the next few months.
Contact Christine Shaw or Laura Newbery for a DHA factsheet from Access Economics or to arrange...
Lot/Plan No: GUNG/GUNG/126/5/
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