Looking for a safe & sound investment with much higher return than bank term deposits !! 4 bedroom 2 bathroom. Rented $490 p.w. until–27/06/2022 Excellent NETT RETURN ex DHA OF 4.45.%. Rock Solid Defence Housing Lease What a great investment in this popular neighbourhood. Serious seller offering a Nett return of 4.45% - much better than the banks these days. Defence Housing Australia (DHA) has a guaranteed lease in place til 27/6/2022 , so you can relax knowing everything is taken care of professionally until the end of your lease. ( Even after the end of the DHA lease eventually ends, this property in this area will be in high demand for general rental so will always remain a great investment). Kanimbla location so handy to Cairns CBD makes it very popular with professional business people, Doctors, nurses and associated Hospital staff love it here, and being in the middle of Cairns area it is also handy to Redlynch on the Northside or Earlville and the Southside – only about 10 minutes from most major shopping centres, great schools and the Cairns airport. Approx 5 minutes to Whitfield school. DHA Lease Summary Lease edition : Edition 5 B Lease Start Date : 28/06/2007 Revised Lease End Date: 27/06/2022. Option used. Right to vary available : 1 up to 12months reduction ( Right to Vary is at DHA discretion solely, not owners) NETT ANNUAL RENT = $ 21,348.96 CLEAR AFTER D.H.A. MANAGEMENT FEES AND GST. DHA Lease Edition 5b includes • DHA Property Care, an all-inclusive service fee, covers a range of property related services. • The property is professionally cleaned at the end of each tenancy period. • The lessor may also be entitled to a lease-end make-good (refer to the DHA Lease Agreement) This can include repaint inside and out & all appliances to be in working condition. Restoration works completed at the termination of the lease. A copy of lease outlining DHA specific obligations can be provided for your review. Investing with DHA – This property is for sale on behalf of a DHA lessor and has a DHA lease in place. Visit dha.gov.au to learn about the benefits of investing in DHA property. In accordance with DHA regulations we advise that this property will be available for private inspection only and to prequalified buyers only. Photos are supplied under agreement by DHA and are for illustration purposes only. Guaranteed rent is paid 52 weeks a year. Rent is paid a month in advance. Rent is reviewed in December every year by a registered valuer. DHA Property Care maintenance package included. • In accordance with DHA regulations, we advise that this property will only be available for private inspections and to pre-qualified buyers.