Francis Street
Waikiki, WA 6169

Overview

DHA - Easy-Care Modern Living in a Prime Coastal Location

Discover an exceptional coastal investment opportunity secured with a long-term Defence Housing Australia (DHA) lease until February 2029, with a renewal option available. This property offers guaranteed income and minimal management, making it an ideal set-and-forget investment in a high-demand coastal market.

The growing Navy presence in the Rockingham region has increased demand for quality housing, presenting an excellent chance to secure a property with proven performance and future growth potential.

This well-presented three-bedroom home features modern finishes, a practical layout, and low-maintenance living, blending comfort, style, and convenience perfectly.

Situated on a 350 square meter block with approximately 140 square meters of internal living space, this contemporary home is perfect for investors seeking a secure, easy-care asset in a sought-after location.

The heart of the home is a light-filled open plan kitchen, living, and dining area, creating a welcoming central hub for everyday living and entertaining. The modern kitchen is well-equipped with generous bench space, quality appliances, and a fantastic walk-in pantry, providing excellent storage and functionality while overlooking the main living zones.

The master bedroom offers a comfortable retreat with a walk-in robe and a stylish modern ensuite featuring ample storage. The remaining bedrooms are well-sized with built-in robes and are serviced by a central bathroom.

A dedicated study adds versatility to the floorplan, ideal for those working from home, running a business, or adaptable as a potential fourth bedroom or additional living space depending on your needs.

A separate laundry with bench space and direct outdoor access enhances the home's practicality.

Outside, the private, fully fenced front yard includes an undercover alfresco area, providing a perfect space to relax or entertain in a secure, low-maintenance setting suited to a busy lifestyle.

The home is complete with reverse-cycle air conditioning, a double garage, and a functional single-level design, ensuring effortless, long-term performance as an investment.

Located just moments from the stunning Waikiki coastline, local schools, parks, shopping centres, and transport links, this property offers a fantastic opportunity in a prime coastal position.

Currently leased through DHA at $710 per week, the property benefits from guaranteed rental income paid on time every time, regardless of vacancy. The lease includes annual independent rent reviews, with most non-structural maintenance covered by DHA, zero re-letting fees, and potential lease-end make-good provisions, delivering a truly hands-off investment experience.

House plans are available on request. This DHA leased property is available for immediate sale on behalf of a DHA lessor and is subject to a DHA Lease Agreement. For more information about investing with DHA, visit dha.gov.au.

Disclaimer: This information is provided for general purposes only and is based on details supplied by the seller. While every effort has been made to ensure accuracy, interested parties should make their own independent enquiries.

Location