12 Teasdale Street

Johnston NT 0832

Property Specifics:
Year Built: 2013
Council Rates: Approx. $2,164.35 per year
Area Under Title: 833 square metres
Current DHA Rent: $750 per week
Vendor's Conveyancer: Saunders Conveyancing NT
Preferred Settlement Period: 30-45 days from the contract date
Preferred Deposit: 10%
Easements as per title: None Found
Zoning: LR (Low Density Residential)
Status: DHA Lease

Featuring a secure long-term DHA lease in place until July 7th, 2026 (+ 3 Years), this modern property is ideally suited for investors seeking a stress-free investment. It offers a healthy yield, strong long-term growth prospects, and excellent resale value in the future.

Property Highlights:
• Stress-Free Investment: Currently returning $750 per week, with rent reviewed annually. Rent is calculated at the greater of the market rate or the rent at lease commencement in July 2014.
• Secure Income: With a DHA lease in place until 2026 + (3 Years), enjoy a guaranteed income that provides financial peace of mind.
• Future Family Home: Post-lease, the property will be an excellent family residence. • DHA will hand back the property in good condition, repainted and with any wear and tear rectified as per the lease terms.

Features Include:
• Consistent Rent: Rent is paid 52 weeks per annum, even if vacant.
• Prime Location: Close to Palmerston Hospital and in a growth location.
• Home Specifications: Ultra-modern 3-bedroom, ground-level home on a quiet street.
• Outdoor Space: Rear patio overlooking a well-maintained, low-maintenance garden.

Investment Advantages:
• Low Risk: A genuine "set and forget" investment in Darwin, the most affordable capital city in Australia poised for a growth cycle.
• High Yields: Darwin offers the highest rental yields in the country, making it a very attractive option for investors.

DHA Lease Summary:
• Lease End Date: 07/07/2026 + (3 Years)
• Income: $750 per week, with annual rental reviews
• Outgoings: DHA management/maintenance fee of 16.5% (inc. GST)
• This property is an excellent investment, providing a secure and guaranteed income until 2026 + (3 Years). Situated in an area ideal for families, with quiet streets and friendly neighbours, this investment offers both a solid financial return and future residential potential.

Don't miss out on this low-risk, high-reward opportunity in one of Darwin's most popular suburbs.

To make an offer on this property, please contact Ryan Rowsell 0478 700 844 today!