Located in one of Townsville's most popular and fast-growing suburbs, this very well-maintained property has a Defence Housing Australia lease in place until 16.12.2024 with weekly rent guaranteed. The DHA have an option at the end of the lease for a further 3 years. Gross Rental income $500 per week. THE PROPERTY - Spacious block low-maintenance home - Four bedrooms with split system air conditioning & built-in wardrobes - Master bedroom has private ensuite and walk-in wardrobe - Open-plan living and dining area - Central kitchen featuring ample bench and cupboard space and stainless-steel appliances - Separate lounge area located off the kitchen - Large outdoor entertaining area - Split systems throughout - Tiled throughout - Freshly painted internally - Concrete walk-paths around residence - 653 sqm fully fenced block in the quiet street - Council rates approx. $2,160.42 per half-year Lease Details at a glance: - Current gross rental of $500 per week (assessed annually) - Guaranteed weekly rent whether the property is vacant or occupied - Lease end date 16/12/2024 (no option to vary) - DHA option for a further 3 years on lease expiry - Most maintenance is handled and paid for by DHA - End of Lease make-good handover (Refer to DHA lease terms) - No fuss, set and forget investment THE LOCATION • Approx. 5 minute drive to the North Shore Amenities including Woolworths and Bunnings • Approx. 5 minute drive to the Townsville Grammar School North Shore • Approx. 5 minute drive to Saint Clare's Catholic School . Close to Bunnings Close Woolworths Coles Mcdonalds Gym Pool • Easy access into town with the Bruce Highway