Oonoonba
Oonoonba, QLD 4811

Overview

Secure a Smart DHA Investment in Sought-After Oonoonba

Positioned in one of Townsville's most sought-after suburbs, this modern apartment leased to Defence Housing Australia (DHA) offers a secure and low-maintenance investment opportunity with guaranteed rental income until January 2028. As one of only two units in a contemporary duplex, it presents a rare chance to secure a property in a growth location with assured returns.

The apartment is ideally located just minutes from the Townsville CBD, local beaches, Lavarack Barracks, and the Townsville Hospital, providing excellent convenience and lifestyle benefits.

Property Highlights:

• Fully tiled open plan living and dining area that opens onto a covered patio, perfect for indoor-outdoor living.
• Two spacious bedrooms featuring built-in robes, air conditioning, and ceiling fans for comfort.
• The master suite includes a sleek ensuite, walk-in robe, and gloss cabinetry, offering a stylish and functional retreat.
• A contemporary kitchen equipped with stainless steel appliances and a generous pantry, ideal for meal preparation and storage.
• High ceilings and full air conditioning throughout the unit, complemented by abundant natural light.
• A modern main bathroom with quality finishes and a stylish vanity.
• Covered outdoor entertaining area and easy-care surroundings, enhancing the lifestyle appeal.
• The property is fully fenced, providing privacy and security.

Additional Information:

• Current rent is $520.00 per week, providing a steady income stream.
• The DHA lease is secured until 28 January 2028, with a variable extension period already exercised.
• Body corporate fees are approximately $2,304.25 per half year, covering sinking and administration funds.
• Council rates are approximately $1,836.05 per half year, including water charges.

DHA properties come with a lease that guarantees monthly payments regardless of occupancy, making this a truly set-and-forget investment. DHA also manages all day-to-day maintenance throughout the lease term, reducing the responsibilities of the owner.

In line with DHA regulations, this property is available for private inspections only and is intended for pre-qualified buyers. This sale is on behalf of a Defence Housing Australia lessor and includes a DHA lease in place. For more information on the benefits of investing in DHA properties, visit dha.gov.au.

Location