Little Bay
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Secure Torrens Title Investment until 2023
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This modern Torrens Title home has recently been updated throughout, situated on a spacious 374.1 sqm of land. It boasts two upstairs balconies, no strata levies whatsoever, featuring three bedrooms with built-in robes and a double garage.
Located near a golf course, only a few minute's walk to a parkModern kitchen with quality appliances and gas cooktopStylish bathroom with a bath and showerInternal laundry and split system air-conditionersEnormous grassed yard + covered courtyard with drive thru access from garageThree good sized bedrooms with built in robes + en-suite
This property is leased to Defence Housing Australia. We require certain qualifying information prior to arranging an inspection. Qualifying items include, your finance status – pre approved (if any finance required), strict terms of "investor only buyers", 10% deposit and solicitors perusal of the contract for sale.
Important items to note:-
DHA Lease: 01/06/2014 to 31/05/2023
Options to renew: 1 x up to 36 months
Right to vary: 1 x up to 12 months reduction and 1 x up to 12 months extension
Rent: $3,782.95 month, $870.00 week, $45,395.40 annual
Rent Review: Annually every 31st December
Managing Agent: Managing Agent DHA, 16.5% Inc Gst management fees
End of Lease: The lessor may also be entitled to a lease-end make-good (refer to the DHA Lease Agreement)
DHA lease benefits:-
DHA guarantee to pay the rent even if the property is vacant.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 make-good (refer to the DHA Lease Agreement)A rental floor may apply to the DHA Lease Agreement (applicable to specific lease editions and applies to commencement rent).
This property is for sale on behalf of a Defence Housing Australia lessor and has a Defence Housing Australia lease in place. Visit dha.gov.au to learn the benefits of investing in Defence Housing Australia property. In accordance with DHA regulations, we advise that this property will only be available for private inspections and to pre-qualified buyers.
Photos are supplied under agreement by DHA and are for illustration purposes only.
If you would like more information on this property please contact Stewart Maloney on 0419 995 713 or Bridget Kemp on 0450 990 277.
Property Information
- Land area approx 374.1sqm
Property Features
- Garages 2
Local Information Little Bay
Education
Nearest Government Schools
- La Perouse Public School
- Chifley Public School
- Matraville Sports High School
- Malabar Public School
- Matraville Soldiers Settlement Public School
- Matraville Public School
Nearest Private Schools
- St Andrew's Catholic Primary School
- St Agnes' Catholic Primary School
- St Spyridon College
- St Mary - St Joseph Catholic Primary School
- The Bowen College
- Our Lady of the Annunciation Catholic Primary School
Local Amenities
Parks
- Bob-A-Day Park
- The Coast Hospital Memorial Park
- Ella Reserve
- Dr. Walters Park
Sport and Recreation
- Macartney Oval
- Long Bay Rifle Range
- Randwick Rifle Range
- Botany Mun. Golf Links
Services
- Maroubra Post Office