Built in 2022 and positioned in a modern South Ripley community, this well-presented three-bedroom home offers investors the opportunity to step directly into an established DHA) investment.

The property is currently leased to DHA until 21 July 2030, with a further three-year option provided for under the lease. It is being sold subject to the existing DHA lease and associated Property Care Contract, making it suitable for investors rather than buyers seeking immediate vacant possession.

CURRENT DHA RENTAL ARRANGEMENT

The most recent DHA statement shows gross monthly rent of $2,500.22, with $2,087.69 paid to the owners after the Property Care Service Fee.

Rent is reviewed annually in accordance with the DHA lease terms.

Under the current arrangement, 83.5% of the rent is directed to the property owner and 16.5% to the Property Care Provider.

DHA remains the tenant under the lease and may house Defence personnel or other permitted occupants. The lease also provides for DHA’s rental obligations where the property may at times be unoccupied.

THE HOME

Designed for easy, low-maintenance living, the home offers a practical modern layout with comfortable indoor and outdoor spaces.

The contemporary kitchen features a generous breakfast bar and flows directly into the open-plan living area. The air-conditioned lounge connects with the covered outdoor patio, creating an easy extension of the living space.

The main bedroom includes air-conditioning, ceiling fan, walk-in robe and private ensuite. Two additional bedrooms feature built-in robes and ceiling fans and are serviced by the main bathroom with bathtub.

A study nook and double garage with remote access complete the home, all positioned on an easy-care 250m² allotment.

PROPERTY FEATURES

• Built in 2022
• Three bedrooms
• Two bathrooms
• Main bedroom with walk-in robe and ensuite
• Air-conditioning to main bedroom and living area
• Built-in robes and ceiling fans to additional bedrooms
• Main bathroom with bathtub
• Contemporary kitchen with generous breakfast bar
• Open-plan kitchen and living area
• Study nook
• Covered outdoor patio
• Double remote garage
• Low-maintenance 250m² allotment

INVESTMENT HIGHLIGHTS

• DHA lease in place until 21 July 2030
• Further three-year option provided for under the lease
• Most recent gross DHA rent: $2,500.22 per month
• Annual rent reviews in accordance with the lease
• Established Property Care arrangement
• Council rates: $703.25 for 1 July 2026 to 30 September 2026
• Water charges: $244.97 for 15 April 2026 to 15 July 2026
• No body corporate fees

The rates, water and rental figures above are based on the most recent information supplied and may vary in future billing periods.

WHAT HAPPENS WHEN THE PROPERTY SELLS?

The purchaser acquires the property with the existing DHA lease and Property Care arrangements continuing in place and completes the required transfer documentation as part of the sale.

For the right investor, this provides the opportunity to acquire an established residential investment with a documented lease structure, annual rent reviews and Property Care arrangement already operating.

FURTHER INFORMATION

To respect the existing tenancy and the nature of the DHA arrangement, the exact property address is intentionally withheld from public advertising.

Full property details, DHA lease information and supporting documentation are available to genuine prospective purchasers upon enquiry.

Private inspections are available by appointment and subject to the requirements of the existing tenancy.

Contact Mel or Mick for further information or to arrange a private inspection.

DISCLAIMER

• Investor purchase only while the existing DHA lease remains in place.
• The DHA lease runs until 21 July 2030, with a further three-year option provided for under the lease.
• The exact property address and supporting documentation will be provided to genuine prospective purchasers upon enquiry.
• Private inspections only and subject to the requirements of the existing tenancy.
• Digital furniture may have been used in selected marketing images. The structure of the home has not been altered.
• Rental income, rates, water charges and other financial figures quoted are based on the most recent information supplied and may change.
• All information has been obtained from sources believed to be reliable; however, its accuracy cannot be guaranteed. Interested parties should make their own independent enquiries and obtain legal and financial advice before entering into any contract.