R&H
  • Home
  • Sold
  • 5 Magdalen Street, BELLAMACK, NT 0832

Bellamack, NT 0832

  • 4 Bed
  • 2 Bath
  • 2garages

Sold

Sold for $610,950 (Apr 19, 2024)

Incredible Investment Opportunity - DHA Lease

Invest in the quality of the tenant
- Defence Housing Australia. Defence Housing is one of Australia's best residential tenants, and rest easy with their renowned management of the property during the lease period. Upon their vacation, the property will be handed back to you in good condition, ready for you or a new tenant
- your choice. DHA Lease Summary
- Lease end date: April 2026
- Current Rent For 2024: $830 per week approx.
- Net Rental Income (After DHA Fees 16.5% GST Inclusive): $693 per week approx.
- Monthly rental income = weekly rent x 4.3482 Variation of Lease Term Conditions
- Extend the term by a period up to the Variable Extension Period of 3 years;
- Extend the term by a period up to 12 months;
- Reduce the term by a period up to 12 months. Important: DHA may by written notice, exercise each of the above 'variation to lease' rights, once (in any order).
- DHA guarantee to pay the rent even if the property is vacant
- DHA Property Care, an all-inclusive service fee, covers a range of property-related services Visit dha.gov.au to learn about the benefits of investing in DHA property. Nestled in the serene neighborhood of Bellamack, this beautiful 4-bedroom, 2-bathroom family home, is set on a generous block, ready to welcome you. The essence of modern living is captured through its sleek tiled floors, a master bedroom with an ensuite and walk-in wardrobe, and a contemporary kitchen equipped with the latest appliances and fixtures. This home promises a blend of comfort and elegance, ideal for family living and entertaining. Step outside onto the expansive outdoor patio, a perfect setting for relaxation and gatherings, complemented by the convenience of a double lockup garage. The property's thoughtful layout and features like built-in mirrored wardrobes enhance everyday living, making it a sanctuary for those seeking a harmonious blend of style and functionality. Embrace the opportunity to create lasting memories in this inviting home, where every detail contributes to a lifestyle of comfort and tranquility. Property Highlights:
• Beautiful 4 bedroom 2 bathroom family home on a large block
• Double lockup garage ensures your vehicles are secure
• Built-in mirrored wardrobes in bedrooms, adding depth and brightness
• Entire home is tiled, ensuring easy maintenance and a modern look
• Master bedroom features an ensuite and a spacious walk-in wardrobe
• Large outdoor patio, perfect for entertaining or relaxing
• Modern kitchen equipped with the latest appliances and fixtures Nearby Amenities:
• Bellamack Primary School
• Bakewell Woolworths
• Palmerston College
• The Bell Bar and Bistro DHA regulations allow for this property to be available for private inspection to prequalified buyers only. Contact Brandon and the Raine & Horne Team now for more information.

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avatar Brandon Duncan
Brandon Duncan
avatar Glenn Grantham
Glenn Grantham
General Manager

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Property Info:
  • Property ID: L22262216
  • Property Type:House
  • Garages:2
  • Land Area:680 sqm

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We Know Your Area

R&H Suburb Profile: Bellamack
R&H Suburb SummaryHouses
Number of sales36
Average Price$615,278
Median Price$600,000
Median Rental Price$675 p.w.
Change in Rental Rate (5yr)31 %
R&H Suburb SummaryUnits
Number of sales8
Average Price$334,531
Median Price$292,500
Median Rental Price$500 p.w.
Change in Rental Rate (5yr)43 %
Median Trend - $600,000

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