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Address available upon request

Thornton, NSW 2322

$710,000
Sold on 18th March 2023
3
2
2
480m²
Brochure

RARE MID-LEASE DHA INVESTMENT OPPORTUNITY – $590 PER WEEK GUARANTEED RENT

Sitting in the highly sought-after location of Thornton with a Defence Housing Australia lease and guaranteed rent until 2025, this property is the perfect investment to begin or expand your portfolio.

This modern property boasts three bedrooms, two bathrooms, a double garage, and a fully fenced and secure rear yard.

In terms of location, Thornton offers easy access to the freeway heading North and South, out to the Hunter Valley Wineries, Port Stephens and into Newcastle. A 10-minute drive will access Stockland Green Hills, offering a great number of shopping, dining, and entertainment options.

When you buy a DHA investment property, you get one of the most secure property investments available in Australia. When your property is tenanted, it's exclusively by Australian Defence Force personnel and their families. And when it's not, you'll still receive full rent.

With a lease currently locked in until June 2025 and the ability to extend for a further 36 months, you could have guaranteed rent, high-quality tenants, and an unparalleled level of care and management of your investment until 2028.

DHA LEASE DETAILS:
• Lease start date: June 2016
• Lease end date: June 2025
• Lease option for extension – 36 months
• Right to vary available - NIL
• All options/extensions are in DHA's favour.
• Current gross rent $590 per week and is reviewed annually each December.

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

**Investing with DHA - 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 about the benefits of investing in Defence Housing Australia property.**

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

For more information or to arrange a private viewing, please contact the team at River Realty today.

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Property features

  • Built in Robes
  • Open Car Spaces: 2
  • Ensuites: 1
  • Close to Schools
  • Close to Shops
  • Close to Transport
  • Ducted Air Conditioning
  • Open plan living
Suburb Profile

Thornton

NSW 2322
Thornton NSW 2322 Learn More