Delightfully prestigious - situated in the highly sought-after suburb of Botany with a close connection to the metropolitan life, as well as the restful inner-city lifestyle, this property is an investors dream, with potential for future residence. This apartment features a spacious layout with open plan living/dining flowing into a sunlit balcony An ideal investment opportunity for an Investor’s portfolio, with a secured lease until May 2025, through Defence Housing Australia (DHA). Providing a guaranteed rental income (until the end of the lease), along with the peace of mind of “DHA Property Care”. Located just 10 minutes' drive to Eastgardens shopping centre, is close to Maroubra and has direct access to Sydney CBD and Sydney Airport. Main Property Features: - Skyline sliding doors in living room and master - Open plan lounge/dining with porcelain tiles - Two spacious bedrooms plus study including master with ensuite - Modern kitchen, stone bench tops, and gas appliances - Ducted air-conditioning throughout - Internal laundry room complete with wall mounted dryer - Security video intercom at main entrance - Two secure car spaces - Stroll to Banksmeadow shops, Joseph Banks Park, CBD transport, This property is for sale on behalf of a DHA Lessor and has a DHA Lease Agreement in place. Please inquire or visit dha.gov.au, for further information regarding a DHA Lease and the associated benefits, Current DHA Lease Terms: - Current Rent: $650.00 per week (assessed annually) - DHA Lease edition: Edition 6 - Lease Term: Nine (9) Years - Lease start date: 05/05/2016 - Lease end date: 04/05/2025 - Lease option: Three (3) Years - Right to vary: 1 x up to 12 months Reduction and 1 x up to 12 months extension - Notes: The option and right to vary is at DHA’s discretion. Outgoings: - Council Rates: $298 approx. per quarter - Water Rates: $153.89 approx. per quarter - Strata Levies: $1,001.85 approx. per quarter Inspections: Please note that inspection of the property, is via private inspection only to Pre-Qualified Buyers, in accordance with DHA regulations. If you wish to inspect the property, please contact Jake Felicioni of Thomas Property, on 0455 448 843 or via [email protected] to arrange an inspection. Disclaimer: All information contained herewith, including but not limited to the general property description, price and the address, is provided to Thomas Property by third parties. Thomas Property have obtained this information from sources we believe to be reliable; however, we cannot guarantee its accuracy. The information contained herewith should not be relied upon and the purchaser/s should make their own enquiries and seek advice in respect of this property, or any property advertised by Thomas Property.