INVESTORS : We are proud to present investors with this desirable home, perfectly located in Douglas, Townsville and currently under lease to DHA (Defence Housing Australia) until 2029 with a 3 year option that could take it through until 2032. Situated within walking distance to all major public facilities, minutes from quality schools, Townsville CBD, James Cook University and Townsville Hospital. A hidden gem for investors, Douglas offers a unique blend of suburban charm and growth potential. Its proximity to James Cook University, schools, and shopping centres makes it a highly desirable location for tenants. Douglas presents a solid investment opportunity. Its tranquil setting and easy access to the city centre and natural attractions make it a sought-after suburb for both residents and investors alike. LEASE DETAILS : * Lease edition 7 * Lease start date : 6/05/2023 * Lease end date 5/05/2029 * 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 2024: $580pw and adjusted annually based on the market rent assessment from independent professional valuer. A DHA (Defence Housing Australia) lease offers the new owners amazing inclusions such as GUARANTEED RENTAL INCOME, A COMPREHENSIVE PROPERTY CARE/MAINTENANCE PACKAGE, & ANNUAL INDEPENDENT PROFESSIONAL RENTAL VALUATIONS AND ADJUSTMENTS, all of which are designed for stress free investing. Ideal for investors located anywhere in the country, superannuation funds, and perfect for those starting their property portfolio and looking for a safe and secure option. At lease end the home would be handed back for you to do as you like - move in, rent out privately or sell. You're also free to onsell to another investor at any time during the lease. FEATURES: * 4 bedrooms/ 2 Bathrooms and Double Lock up garage * Master bedroom, air conditioned, robe and en suite * Open plan dining, kitchen and family air-conditioned flows out to the undercover entertaining area through glass sliding doors. * Air conditioning and fans throughout * Tiled living and carpeted bedrooms and lounge * Separate laundry * Double auto garage * Large undercover outdoor entertaining area perfect for alfresco living and dining * Safety screens throughout * Smoke alarms and electrical safety switch * 865SQM of land * Built approximately 2005 This investment equals "peace of mind" from a long lease, guaranteed rental income paid monthly in advance and other extensive benefits of the DHA Property Care Services. DHA LEASE BENEFITS: * Guaranteed rent paid on time every time regardless of whether the house is tenanted * Annual independent rent reviews * Most non structural maintenance paid for by DHA * Zero re-letting fees These are just some of the benefits of the DHA lease attached to this property. Enjoy all the benefits of rental guarantee and a no fuss investment property; let DHA do all the hard work for you. * 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 to pre-qualified buyers.