6.8% gross rental yield – DHA lease until 2026

Your tenants will love this spacious, modern apartment on the third floor of this small complex. Centrally located in a quiet, leafy street the conveniences of Darwin CBD are only 2.3kms away and Cullen Bay Marina only 1.6kms.

Fully air-conditioned with 3 bedrooms (main with ensuite), 2 bathrooms, internal laundry, double garage space, and a lockable storage room there is plenty of space to enjoy easy living. The kitchen has clean, modern lines which flow onto the living area and out to the balcony making entertaining effortless.

Walk to the famous Mindil Beach markets and city nightlife or just relax at home in the plunge pool.

DHA Lease Summary
Guaranteed Rent: $720 per week
End Date: 15/12/2026
DHA Option Available: 1 x up to 36 months (the option and right to vary is at DHA’s discretion)
DHA Right to Vary Available: 1 x up to 12 months Reduction and 1 x up to 12 months Extension

– 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.
– The property is cleaned at the end of each tenancy period.
– The lessor may also be entitled to a lease-end make-good (refer to the DHA Lease Agreement)
– A rental floor may apply to the DHA Lease Agreement (applicable to specific lease editions and applies to commencement rent).

Investing with DHA – This property is for sale on behalf of a DHA lessor and has a DHA (Defence Housing Australia) lease in place. Visit dha.gov.au to learn about the benefits of investing in DHA property. In accordance with DHA regulations we advise that this property will be available for private inspection only and to prequalified buyers only. Photos are supplied under agreement by DHA and are for illustration purposes only.

Please email andrew@portfoliosales.com.au to book an inspection and make an offer.