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A Low-Maintenance DHA Investment with Secure Income Mitchelton QLD 4053
For Sale
Overview
Listing Number: 5287426
Land Size
510
m2
House
Built
2003
Mitchelton
Location
4
Bedrooms
2
Bath
2
Garage
2
Total Car Accom
Property Description

Offering a combination of practical living, a convenient location and established rental income, this Mitchelton property presents an attractive opportunity for investors looking to add a quality asset to their portfolio in one of Brisbane’s most sought-after north-western suburbs.

The well-considered layout provides 4 bedrooms, with the master featuring a walk-in robe and private ensuite. A central bathroom services the remaining bedrooms, while the separate laundry enhances everyday functionality. Multiple living zones include a spacious family and dining area adjoining the kitchen, complemented by a separate lounge that provides flexibility for families and tenants alike.

Outdoors, a covered terrace creates a welcoming space to unwind, while the double garage with internal access adds security and convenience. The functional design and manageable upkeep make this an appealing proposition for investors seeking a property with broad tenant appeal.

The standout advantage is the existing Defence Housing Australia (DHA) lease, secured through to 27 July 2027. With DHA managing the tenancy, investors can enjoy a streamlined ownership experience without the usual need to source tenants or manage day-to-day tenancy matters. Once the lease concludes, the new owners can choose to move in or continue holding the property as an investment.

Invest with confidence with the benefits of a DHA lease:

• Guaranteed rental payments 52 weeks a year, even during vacancy periods
• Annual independent market rent reviews
• Most non-structural maintenance costs covered by DHA (see DHA Lease Agreement)
• Lease-end restoration benefits (see DHA Lease Agreement)
• No re-letting fees

Buyers should review the lease terms and conditions to understand the specific obligations and benefits that apply.

Set within a quiet, established Mitchelton neighbourhood approximately 9km from the Brisbane CBD, the property is surrounded by quality schools, parks and recreational facilities, shopping, dining and public transport, all adding to its long-term rental appeal.

Conveniently connected to local amenities:

• Approx. 500m to Mitchelton State School
• Approx. 550m to the Blackwood Street dining and shopping precinct
• Approx. 600m to Mitchelton State High School
• Approx. 650m to Mitch & Antler Coffee
• Approx. 900m to Mitchelton Train Station
• Approx. 1.1km to Mitchelton Special School
• Approx. 1.4km to Brookside Shopping Centre
• Approx. 9km to the Brisbane CBD

For investors seeking an established property with a DHA lease secured until 27 July 2027, practical accommodation and a well-connected location, this Mitchelton opportunity deserves your attention.

For more information regarding DHA property investment, visit dha.gov.au.

Property Details
Land Size
510
Property Type
House
Build Year
2003
Location
Mitchelton
Bedrooms
4
Bathrooms
2
Garage
2
Total Car Accom
2
Property Location
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A Low-Maintenance DHA Investment with Secure Income
Mitchelton QLD 4053
510
m2
House
Built
2003
4
Bedrooms
2
Bath
2
Garage
For Sale
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