Address Withheld, Shaw, QLD 4818

Located in one of Townsville's fastest-growing and most sought-after suburbs, this home presents an exceptional opportunity for investors seeking security, simplicity and reliable returns.

Currently leased to Defence Housing Australia (DHA), the property offers guaranteed monthly rental payments, even when vacant, along with professional property management and day-to-day maintenance throughout the lease term. It's an ideal set-and-forget investment for entering the market or strategically expanding an existing portfolio.

Lease Details:

- Current Rent: $640 per week

- Rent Review: Independently valued each December for the following year

- Lease Term: 10 March 2014 to 9 March 2029

- Lease Option: Nil

- Rates: Approx. $4,878.92 p.a. (before discount, including water)

Features:

- Open-plan living area

- Main bedroom with walk-in wardrobe and ensuite

- Additional bedrooms with built-in wardrobes

- Split-system air conditioning and ceiling fans

- Tiled living areas

- Double remote garage with additional storage

- Practical internal laundry

DHA Lease Information:

- Guaranteed monthly rental payments, even when the property is vacant

- Professional property management and day-to-day maintenance throughout the lease

- Internal repainting may be completed at the end of the lease

- Floor coverings may be replaced where required

- Necessary repairs may be undertaken to return the property to an agreed standard

- Available by private inspection to pre-qualified buyers only

- Being sold on behalf of a Defence Housing Australia lessor with an existing DHA lease in place

- Visit 'dha.gov.au' to learn more about the benefits and conditions of investing in DHA property

Features You'll love about Shaw:

- Family friendly community with leafy parks, playgrounds and walking paths

- Located within one of Townsville's fastest growing residential communities

- Convenient Ring Road access to JCU, Townsville University Hospital and Lavarack Barracks (all within a 15mins drive)

- Minutes from schools, shopping centres and everyday essentials

- Future shopping precinct currently under development

- Confirmed childcare facilities coming to the suburb

- Planned retail, dining and convenience services including a service station, food outlets and specialty stores

- Peaceful neighbourhood offering the perfect balance of lifestyle and convenience

- Strong long term growth potential in an expanding community

- A modern suburb designed with families and future living in mind

Inspections Welcome, call #DakotaClarke 0484 534 703.

Interested parties should verify the accuracy and currency of the information and make their own independent inquiries as the agent cannot attest to the correctness of the information provided. Some file photographs in use may have been taken some time ago or modifications have been conducted at the property since the photography. Please rely on your own inspection and investigations to determine if this property is suitable for your requirements and information provided is general in nature. Ray White Townsville bears no liability for any loss sustained due to inaccuracy or omission.