Muirhead
Muirhead, NT 0810

Overview

DHA Mid Lease Sale on super size block in Muirhead!

This property is a secure, long-term investment opportunity currently leased to Defence Housing Australia (DHA), ensuring reliable rental payments and no vacancy risk. The spacious home features four bedrooms and two bathrooms, complemented by large living areas, a generous backyard, and a double garage. Located in a sought-after area just steps from parklands, it offers both guaranteed returns and stability, making it ideal for seasoned investors or those expanding their portfolio.

The home is beautifully presented with a contemporary design that includes multiple living spaces and lush outdoor areas, creating a perfect family retreat. The interior boasts a spacious open-plan layout with a well-equipped kitchen featuring quality appliances and ample storage. The dining and living areas seamlessly connect to the garden, facilitating easy entertaining. Air-conditioning throughout the home provides comfort year-round.

The property sits on a substantial 752 square meter block, thoughtfully designed for family living with ample outdoor space for gatherings and everyday activities. Key features include a modern investment setting in Muirhead, bright open-plan living and dining areas, a sleek kitchen, built-in storage in all four bedrooms, an ensuite in the master bedroom, a covered outdoor entertaining area, a double lock-up garage, internal laundry, full air-conditioning, and a secure yard.

Additional important details include the DHA lease expiring on 14th May 2028, a rental income of $920 per week, no right to renew the DHA lease as it has already been taken up, annual rental reviews in December, and inclusion of DHA's "Make good" at the end of the lease. The property was built in 2013 and has council rates of approximately $2,580 per year. Easements include electricity supply to Power and Water Corporation, and the zoning is SD23 (Specific Use). The preferred settlement period is 30-45 days from the contract date with a preferred deposit of 10%.

Location