Centenary Heights, QLD 4350

Overview

Centenary Heights QLD

Discover a rare opportunity to secure a high-performance investment in one of Toowoomba's most sought-after suburbs. This modern family home is currently leased to Defence Housing Australia (DHA), offering a gold-standard lease agreement that provides unparalleled security and a truly hands-off management experience.

The investment advantage includes guaranteed income with rent paid 52 weeks a year regardless of occupancy, eliminating vacancy risk and associated costs such as re-letting fees and advertising. Maintenance and restoration are managed by DHA's essential maintenance service, ensuring the property is professionally cleaned and maintained at the end of each lease term. Annual rent reviews are conducted through independent valuations to keep returns aligned with the current market. While the current rent is $650 per week, the 52-week guarantee effectively provides a rental value comparable to $700 per week in a private lease, where vacancy and management fees often reduce net income.

The residence is situated in a quiet, family-friendly street and is designed for comfort and practicality. It features a spacious, light-filled kitchen with gas cooking and ample storage that overlooks a large open-plan family and dining area. There are dual living zones, including a second separate lounge area, offering flexibility for modern families and tenants. The home includes four large bedrooms, with a master suite featuring a walk-in robe and ensuite. A central main bathroom and separate toilet service the home. Outdoor living is enhanced by a covered patio overlooking a secure, low-maintenance yard with established greenery, ideal for year-round entertaining.

Strategically located in the heart of Centenary Heights, the property is well positioned to benefit from long-term capital growth. It is conveniently close to top-tier local schools and childcare, major shopping centres, medical facilities, expansive parklands, and public transport links.

Additional key features include a double lock-up garage with internal access, full air-conditioning, ceiling fans for year-round comfort, and practical, hard-wearing finishes throughout. Land rates are $1,733.69 and water connection fees are $377.42, both net and payable every six months. The current three-year lease expires on 20 June 2026, with a new three-year lease commencing on 21 June 2026.

Inspection information is restricted due to DHA security guidelines, with the property address withheld and inspections available strictly by private appointment with 72 hours' notice required for tenants.

Location