Property Details
Neat, well maintained investment property located in the popular suburb of Warner, only 22 km from Brisbane's CBD. This property is for sale on behalf of a DHA lessor and has a DHA lease in place. (Visit www.dha.gov.au to learn about the benefits of investing in DHA property). Situated in picturesque Warner, the home is ideally located amongst leafy walking tracks, lakes and parks. This neat four bedroom home is an ideal way to enter the property investment market. With median prices in the area of $785,000 and rents of $600/week, the investment potential for this property outweighs many in the area.
WHAT YOU SHOULD KNOW ABOUT INVESTING IN PROPERTY WITH A DHA LEASE:
* Guaranteed rent is paid 52 weeks a year regardless of vacancies
* Rent is paid a month in advance & is reviewed in December every year by a registered valuer
* Ultimately as an investor you are after a constant rental return combined with low maintenance and management fees to obtain a strong cash flow. Fundamentally, what you want is guaranteed rent or a good tenant that will provide an ongoing income stream into the long term. A strong cash flow is the key ingredient to making a sound investment. The low-risk, minimal hassle, steady return option.
* At the end of the lease, there are lease-end restoration obligations by DHA (see lease) which means you can decide to move in, rent privately or sell as you wish.
FEATURES:
* Central Kitchen, living/dining room
* Main bedroom with WIR, en-suite and A/C
* Bedrooms with fans, security screens and BIRs
* Easy care polished tile and carpet floors throughout
* Lock-up double garage
* Air conditioned living areas
* Undercover outdoor entertaining area
* Fully fenced block 448 m2
* Built 2010
LEASE DETAILS
• Lease start date: 02/11/2011
• Lease end date: 01/11/2026
• Current rental per week: $555
• Lease option: Used
• DHA Management fee of 15% + GST
Warner is 22km north-west of the Brisbane CBD and is a popular suburb with families and couples. The northern edges of the suburb graze the shores of Lake Samsonvale, which is a popular spot for freshwater fishing and water sports. The suburb is conveniently located, with Westfield Strathpine only a short trip away. Bray Park train station is about 7km east of Warner and trains run regularly into Brisbane City and to Caboolture. There are also a lot of parks and walkways in the suburb, with sporting facilities located in neighbouring suburbs.
In accordance with DHA regulations, we advise that this property will be available for private inspection only and to pre-qualified buyers only. Photos are supplied under agreement by DHA and are for illustration purposes only.
For more information, please contact your DHA sales specialist - R&W Ascot.
Land area
448 sqm (approx)
