Burdell QLD 4818
$410,000

DESCRIPTION

SUPERB LOCATION – HUGE RETURNS – LONG LEASE! This outstanding investment home would make a very attractive addition to your investment portfolio!
Set among other quality homes in the Modern and rapidly expanding Stockland North Shore Development, this quality investment property is located right in the heart of Townsville’s growth corridor. This fantastic development is home to an ever expanding selection of shopping centres, dining and fast food options, schools and other entertainment options such as the Aquatic Centre and incredibly close to the stunning Bushland Beach and a quick drive to the CBD and Strand. Don’t forget, a great location helps to maximise returns, and security for future capital growth!

This spacious home features a huge list of benefits, perfect for families such as:
• 4 generous bedrooms, each with wardrobes and air conditioning
• Tiled throughout for cool, easy living
• Spacious ensuite bathroom and walk in wardrobe to the main bedroom
• Large main bathroom with Separate Shower and Bath Tub
• Functional kitchen with plenty of bench space and natural light
• Spacious, tiled dining and family room
• Large Formal lounge room – Perfect for a theatre room
• Outdoor entertaining area
• 576 square metre fenced block with side access and plenty of room to move!

The Important information:
The current lease will expire on 30/05/2024, with a further option of 1 x up to 36 months. There is also a Right to vary of 1 x up to 12 months Reduction and 1 x up to 12 months Extension. Please note the option and right to vary is at DHA’s discretion.
This outstanding investment opportunity is currently returning a MASSIVE $472 per week with a Rental Floor at that figure!! This means that the rental amount can never drop below this rate! How’s that for secure returns!

In addition there is a refurbishment clause, which means that should you keep the property till the end of the lease, it will be handed back looking great, and beautifully presented, ready for renting again, or sale, whatever you prefer. It’s a Win/Win situation!!

Investing with DHA - This property is for sale on behalf of a DHA lessor and has a DHA lease in place. Visit dha.gov.au to learn about the benefits of investing in 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.