70 – 81 Pita Street, Angle Park DHA Program

Lot 70-81 pita Street, Angle Park

DHA’s “Built to Lease Program” offers you the chance to acquire off-plan property that DHS has committed to lease on completion. A limited quantity of freehold townhouses are presently on offer at Northwest Quarter, with a DHA lease commitment for 9 years and an optional 3-year extension. Upon construction completion, you will gain a stable, enduring tenant who guarantees rent payments alongside various property maintenance services.

Perfectly located in Angle Park, just a 20 minute drive from Adelaide’s CBD, Northwest Quarter is a master-planned community that combines the peace and affordability of the suburbs with the convenience of near city-living. These exquisite new residences feature 3 bedrooms and 2.5 bathrooms, making them an ideal starting point and a reliable, long-term investment opportunity with 4.8 meter frontage allotments offering scenic reserve views. Boasting open-plan layouts, covered garages, and ample entertaining space, this is an opportunity not to be overlooked. Experience the convenience of contemporary living with all essential amenities within reach, all while enjoying the tranquility of a suburban neighborhood.

𝐏𝐫𝐨𝐩𝐞𝐫𝐭𝐲 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐬:

– 3 bedrooms all with built-in robe, 2.5 bathrooms

– Main with ensuite and built-in robe

– Open plan living & kitchen space

– Ducted reverse cycle air conditioning

– Stainless steel appliances

𝐋𝐞𝐚𝐬𝐞 𝐓𝐞𝐫𝐦:

Rental return: $28,600/ year

Lease end date: 9 years from build completion day

𝐋𝐞𝐚𝐬𝐢𝐧𝐠 𝐭𝐨 𝐃𝐇𝐀 𝐨𝐟𝐟𝐞𝐫𝐬 𝐬𝐞𝐯𝐞𝐫𝐚𝐥 𝐚𝐝𝐯𝐚𝐧𝐭𝐚𝐠𝐞𝐬:

– *Ensured rental income, with the weekly rent adjusted within three months of starting the lease.

– Flexible long-term leases ranging from 3 to 12 years, extendable as needed.

– Rent paid upfront, even during vacancies.

– **Regular property inspections and maintenance, covering most non-structural repairs.

– Periodic market rent reviews conducted by an independent licensed valuer.

– Single service fee deducted monthly from rental payments.

– Accessible online portal for property management.

– Monthly statements provided.

– Professional cleaning of the property at the end of the lease, ensuring all appliances are functional and the grounds are well-kept.

* Rent may be subject to abatement under certain circumstances such as loss of enjoyment or amenity, or breach of lease terms. Rent is paid where the property is habitable. Should a property become uninhabitable during the term of the lease, or lessor breaches the lease terms, the rent may cease or abate and the lease may be terminated by DHA. Guaranteed rent is subject to the terms of the lease. DHA does not take into account an investor’s objectives or financial needs. Investors should always seek appropriate independent advice before making any investment decisions with DHA.

** A comprehensive description of repairs included in our service and exclusions can be found in the Property Care Contract. For more information, please visit https://www.dha.gov.au/investing/property-care.

Defence Housing Australia (DHA) and NICH REAL ESTATE do not guarantee, warrant, or represent that the information contained in this advertising and marketing material is free from errors or omissions. Illustrations and photographs are to be regarded as indicative only. Any interested parties should make their own enquiries, seek expert advice, and review the contract terms. Prices are subject to change without notice.