Adres Weerhou, Oonoonba, QLD 4811

Calling all investors, if you are looking for a long term investment that is very hands off, then look no further. This modern Unit located in Oonoonba is currently leased to DHA (Defence Housing Australia) until May 2026 with an additional option of 3 Years (at DHA's Discretion).

Oonoonba is one of Townsville's most sought after locations, being positioned in a new modern development area and within close proximity to Townsville CBD and The Strand, Townsville University Hospital (the largest hospital in QLD outside South East Queensland), Townsville's James Cook University, and of course one of Australia's largest Army Barracks. Townsville is proudly a supporter of the large local military population and this is why Defence Housing Australia has many great assets in the region.

The property features 2 bedrooms, both fitted with air conditioning and ceiling fans. A well designed unit offers open plan kitchen and Living/dining space flowing seamlessly to the rear patio. Low maintenance block and a solid block and Colourbond construction ensures the unit will stand the test of time.

Currently the Body Corporate is idle and being managed by the owner directly reducing your costs and overheads.

Great opportunities like this will not last long, so enquire today!!

Lease details:

Current weekly rent: $440 per week (Reviewed Annually)

Lease end date: 08/05/2026

Option Available: 3 Year Option

Right to Vary Available: N/A

(All Options/Variations are exercised at DHA's discretion)

DHA lease benefits:

? DHA guarantee to pay the rent even if the property is vacant.

? DHA Property Care, an all-inclusive service fee, covers a range of property related services.

? The property is cleaned at the end of each tenancy period.

? The lessor may also be entitled to a lease-end make-good (refer to the DHA Lease Agreement)

? A rental floor may apply to the DHA Lease Agreement (applicable to specific lease editions and applies to commencement rent).

This property is for sale on behalf of a Defence Housing Australia lessor and has a Defence Housing Australia lease in place. Visit dha.gov.au to learn the benefits of investing in Defence Housing Australia property.

In accordance with DHA regulations, we advise that this property will only be available for private inspections and to pre-qualified buyers.

Photos are supplied under agreement by DHA, and are for illustration purposes only.