$495,000

Kanimbla, QLD 4870


Brilliant Investment Returns 4.4% Nett * Better than the Banks – Ideal for your SUPER FUND.

Weekly Gross Rent - $ 500 or NETT $ 21,784.56 per annum.
Excellent NETT RETURN ex DHA OF 4.4.%. Rock Solid Defence Housing Lease until 2nd June 2023

What a great investment in this top quality neighbourhood. Serious seller offering a Nett return of 4.4% - better than the banks these days.
DHA Lease Summary
Lease edition: Edition 6.

Gross Rent $ 500 per week or Gross Rent $ 2174.11 cal.mth. ( Rent reviewed Annually by a registered Valuer every 31st December.
Management fee 15 % $ 326.12
GST on Management fee 10% = $ 32.61
NET RENT PAID PER CALENDAR MONTH $ 1815.38
NETT ANNUAL RENT = $ 21,784.56 CLEAR AFTER D.H.A. MANAGEMENT FEES AND GST.


Lease Option – 1x up to 36 months. Right to Vary – 1 x up to 12 months Reduction and 1 x up to 12months Extension – options at DHA discretion only.
Guaranteed rent is paid 52 weeks a year. DHA pay the weekly rent even if it is vacant.
Rent is paid a month in advance. DHA Property Care maintenance package included.

DHA Property Care, an all-inclusive service fee, covers a range of property related services, including regular maintenance and upkeep.
• The property is 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) Lease Edition 6 applicable for this, copy of lease available to view.
Kanimbla is a highly sought after location as it is so handy to Cairns CBD, making it very popular with professional business people, Medical specialists, and associated Hospital staff love it here.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 and popular schools in Cairns Central, Raintrees, Redlynch Central and Earlville. Also 8-10 minutes from Airport.
Even after the end of the DHA lease this property in this area will be in high demand for general rental so will always remain a great investment. This spacious 4 bedroom family home is located in a quiet street just a short stroll to the local park, has mountain views from the back yard and enjoys the cool through breeze Kanimbla is known for.
• A rental floor may apply to the DHA Lease Agreement (applicable to specific lease editions and applies to commencement rent).
• This property is for sale on behalf of a Defence Housing Australia lessor and has a Defence Housing Australia lease in place. Visit dha.gov.au to learn the benefits of investing in Defence Housing Australia property.
• In accordance with DHA regulations, we advise that this property will only be available for private inspections and to pre-qualified buyers.
• Photos are supplied under agreement by DHA, and are for illustration purposes only.

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