This is a prime investment opportunity, currently leased to Defence Housing Australia (DHA) until May 2028. With an estimated gross return of 6%, this property offers both security and stability in the highly sought-after suburb of Muirhead.

As the new owner, you can enjoy peace of mind knowing your investment is professionally managed by DHA, which includes services such as Property Management, Repairs and Maintenance, Emergency Repairs, Restoration, and Market Rent Reviews. This is a truly hands-off investment for local and interstate investors, private self-managed super funds, and astute buyers looking for a secure, high-value tenant.

Property Highlights
Situated on a spacious 694m² corner block, this property is designed for modern living in the family-friendly, popular suburb of Muirhead.

4 Bedrooms, 2 Bathrooms, 2-Car Garage: Spacious bedrooms, all fully air-conditioned and tiled for year-round comfort. The master suite includes a luxurious ensuite and walk-in wardrobe, while bedrooms 2, 3, and 4 feature built-in cupboards.

Modern Living Areas: A separate media room for family entertainment and open plan living flows into a well-appointed kitchen with island bench and ample storage.

Stylish Bathrooms: The main bathroom includes a full-sized bathtub, perfect for relaxation, plus a separate toilet for added convenience.

Functional Layout: A separate laundry with linen storage enhances the practicality of this home.

Prime Location - Located in the popular suburb of Muirhead, this property offers proximity to top-rated schools, shopping centres, dining, public transport, and essential services, including the Royal Darwin Hospital.

The Lease
* Lease Expiry: 21st May 2028
* Current Gross Rent: $3,652.50 per month (estimated 6% gross return)
* Property Management Fee 16.5% (GST Inclusive)

Important Information
This property is being sold on behalf of a DHA lessor and is available for private inspections only. For more details on investing in DHA properties, visit dha.gov.au.

In accordance with DHA regulations, please note that private inspections are available only to pre-qualified buyers. Photos are provided under DHA agreement for illustration purposes only. While all information provided is sourced from reliable channels, we cannot guarantee accuracy and recommend independent inquiries and legal advice.

Other important information
Area Under Title: 694 sqm
Council Rates: $2,500.00 p.a. (approx.)
Status: Currently Leased to DHA until 21st May 2028
Current Gross Rent: $3,652.50 per month (estimated 6% gross return)
Easements as per Title: None Found
Preferred Settlement Period: 45 days or variation upon request
Preferred Deposit: 10% or variation upon request

**This property is available for private inspection only - please call Simon Connelly on 0411 210 744 or email simon@ofndarwin.com.au**