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Overview
Killara VIC 3691
This beautifully designed modern brick veneer home, built in 2018, offers a secure and established investment opportunity with a current lease to Defence Housing Australia (DHA) until December 2027. Upon lease completion, owners have the flexibility to occupy, continue renting, sell, or negotiate a new lease with DHA.
Located in the popular suburb of Killara within the thriving Albury-Wodonga region, this property is situated in one of Australia's strongest regional growth markets, presenting excellent long-term capital growth potential. Investors benefit from available tax depreciation advantages and the security of guaranteed rental income regardless of occupancy, making DHA leased properties a genuinely low-maintenance investment solution.
The home is designed with growing families in mind, featuring four spacious bedrooms plus a separate study at the front of the residence, ideal for a nursery, home office, or fifth bedroom. The expansive master suite is privately positioned and includes generous his-and-hers walk-in robes, a spacious ensuite, and a separate toilet.
Offering exceptional versatility, the residence includes three separate living areas, providing ample space for relaxation, entertaining, and everyday family living. The gourmet kitchen is equipped with stainless steel appliances, a 900mm cooktop, and a spacious walk-in pantry, flowing seamlessly to the open-plan dining area and undercover outdoor entertaining space with views towards Huon Hill.
Year-round comfort is assured with ducted heating and cooling throughout, while security screens on doors and windows provide added peace of mind. The property is set on a substantial 745 square meter allotment, catering well to those requiring additional vehicle accommodation.
A highly sought-after triple garage offers drive-through access to the rear yard, and side access further enhances the property's appeal, providing ample room for a boat, caravan, or additional vehicles. Conveniently located close to both Latchford and Bandiana Barracks, this impressive home combines modern comfort, functionality, and outstanding lifestyle appeal in a sought-after location.
Tenancy Information:
- Lease start date: 13 December 2018
- Lease end date: 12 December 2027
- Currently leased at $3,043.75 per month, reassessed annually at market value by an independent valuer
Note: The option and right to vary the lease are at DHA's discretion.
DHA Lease Benefits:
- Guaranteed rent paid on time every time regardless of tenancy status
- Annual independent rent reviews
- Most non-structural maintenance paid for by DHA
- Potential entitlement to a lease-end make-good (refer to the DHA Lease Agreement)
- Zero re-letting fees
These benefits make this property a stress-free investment designed to deliver peace of mind and long-term security. Investing with DHA offers a no-fuss investment property where DHA manages the hard work for you.
Information provided has been obtained from various sources believed to be accurate; however, interested parties should conduct their own due diligence and seek legal advice as necessary.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Killara VIC 3691
Market Insights for Killara VIC 3691
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