Sold May 2014
Investment Opportunity - Existing DHA Lease

Meroo Meadow, NSW 2540

4 beds 2 baths 2 cars


Tim McGoldrick
Tim McGoldrick
Property Description
This beautiful 4 bedroom home located in Emerald Drive, Meroo Meadow is sure to be a favorite with the investors. It is under a current DHA lease until December 2018.

What is a DHA Lease?
DHA stands for Defence Housing Australia. DHA manages your property and provides quality tenants from the Defence Force.

What are the benefits?
When you lease through DHA, rent is payable from commencement of the term of the lease, for the life of the lease. Rent is accrued daily and is paid monthly in advance, directly into your bank account; rent is even paid if the property isn't occupied.

A distinguishing feature of a DHA lease is DHA Property Care, an extensive range of property related services they provide throughout the lease term for a single service fee.

These services include:
Property management
Market rent review
Repair and maintenance
Emergency repair
Lease-end restoration

As the end of the lease agreement approaches, they ensure your property is returned in good order by providing a restoration service.

They ensure the property is professionally cleaned; appliances are clean and in good working order; and the dwelling, grounds and landscaping are in a neat and tidy condition.

Where the lease term is 6 years or longer, they paint the property internally. Where the lease term is 9 years or more, they also replace the carpet and paint externally (except where this is the responsibility of a Body Corporate).

This means that with minimal effort, you can move in, rent privately or sell the property as you wish.

Lease Start Date: 21/12/2006
Lease End Date: 20/12/2018

Please enquire as to current rental income.
The seller has opted not to publicly reveal the address of this property for sale. Please contact Tim Mcgoldrick from Elders Real Estate - Berry for more details.
Rooms: 5
Parking: 2 cars
Comparable Sales
How much can I borrow?
$2245.22 /month
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SA1 - 1127711 Meet the Neighbours near this property

The statistics below relate to the 200 addresses nearest to this property and compares this neighbourhood to the rest of the suburb.

Monthly Personal Income
Monthly Household Income
Monthly Mortgage Repayments
The average age is 37
Majority are Couples with children
Most residents Purchaser
Weekly Income
Meroo Meadow
Employed as Public administration and safety
Public administration and safety
Health care and social assistance
Professional scientific and technical services
Retail trade
Pocket Profile
Ask Tim about this address
Tim McGoldrick
Tim McGoldrick
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