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Deebing Heights
Deebing Heights, QLD 4306
OFFERS OVER $850,000
Overview
Deebing Heights QLD 4306
This property is a quality investment opportunity secured through the Department of Defence Housing Australia (DHA) lease, offering a stable and professional tenancy arrangement. The property is located in a well-serviced area with access to Yamanto Central, Amberley State School, and Deebing Heights State School, making it a smart location for long-term growth.
Built in 2020 by the Defence Housing Authority, this brick and tile independent dwelling is fully fenced and well maintained. It features three generous bedrooms, each equipped with built-in wardrobes. The principal bedroom includes a walk-in robe and an ensuite bathroom, providing comfort and privacy.
The contemporary kitchen is fitted with modern appliances and finishes, complemented by an internal laundry and additional amenities expected in a quality home. The property is professionally managed by a single office, ensuring continuity and stability for investors.
The current DHA lease runs from 7 April 2020 to 6 April 2029, with an optional extension of three years. The tenant pays a monthly rent of $2,695.31 in advance, with annual rent reviews conducted by a registered valuer to ensure market-aligned returns. Investors benefit from a secure rental income stream and potential capital growth, as Deebing Heights has experienced a growth rate of 112.5% over the past five years.
Additional costs include DHA fees of $442.82 per month and water usage charges of $238.95 per quarter, both paid by the owner. The property offers a sound investment with a respectful and reliable tenant, making it an attractive option for astute investors seeking long-term security and growth.
Prospective buyers are invited to view the floor plan to understand the layout and space utilization. Viewing is by appointment only, respecting tenant privacy and ensuring a professional process.
Overall, this property combines modern construction, a secure DHA lease, professional management, and a promising growth location, making it a compelling investment opportunity in the Deebing Heights area.
Location
Deebing Heights QLD 4306
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