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  • Sold
  • 32 Barratt Street, MUIRHEAD, NT 0810

Muirhead, NT 0810

  • 3 Bed
  • 2 Bath
  • 4garages

Sold

Sold for $645,000 on Apr 19, 2024

Unparalleled Long-Term Investment Potential ,Phone or text Agent for property address

Welcome to this contemporary three-bedroom family residence nestled in the desirable suburb of Muirhead, boasting a secure long-term lease agreement with Defense Housing Australia (DHA) until October 2026, ensuring a steady rental income of $2,832 (net) per month with a three-year extension option. Enjoy peace of mind knowing that regardless of occupancy, the rent remains guaranteed at market value. With hassle-free property management provided by DHA, investing in this property promises secure returns without the usual headaches.

This home showcases a spacious and functional open-plan layout, seamlessly integrating the dining, family, and kitchen areas, extending effortlessly to the outdoor living spaces. The modern central kitchen is equipped with quality appliances, ample storage, and generous bench space, catering to both culinary enthusiasts and everyday living.

Accommodation comprises two well-appointed bedrooms with built-in robes, while the master bedroom features a walk-in robe and an ensuite for added convenience. The main bathroom offers a bath, shower, and separate toilet, while an internal laundry provides direct external access.

Additional features include split-system air conditioning, modern ceramic flooring throughout, and an undercover alfresco verandah, perfect for outdoor entertaining. The low-maintenance fenced garden includes side gate access, while the undercover lock-up garage provides parking for two cars with direct interior access.

Situated on a generous 599 sqm land allotment with a 154 sqm dwelling, this property reflects the high standards and quality lifestyle synonymous with Muirhead. Residents benefit from proximity to public transport, major shopping centers, schools, pristine beaches, and healthcare facilities, ensuring convenience and accessibility for all.

Don't miss this opportunity to invest in a property that not only offers exceptional living spaces but also guarantees a stable and lucrative rental income in a thriving community setting.

Other relevant information

Council Rates: $2,200 (Avg)

Area Under Title: 599sqm

Zoning Information: SD23 (Specific Use)

Year built: 2014.

Easements as per Title: None Found

Status: Currently leased to Defense Housing Australia

Lease Details:

• Leased to DHA until 21/10/2026

• Current rental return $780 per week

DHA Lease Options and Variations

Lease option: Up to 3-year lease-option period - option in Favour of DHA

Right to vary: 1 x up to 12 months Reduction/Extension in the lease term

Note: The right to vary the term of the lease is at DHA's discretion.

* 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 (Defense Housing Australia) lease in place.

Visit dha.gov.au to learn about the benefits of investing in DHA property.

DHA regulations mean 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.

Contact Today!

Akansh Batta- 0483 333 235, [email protected]

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Akansh Batta
Sales Consultant

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Property Info:
  • Property ID: L25542572
  • Property Type:House
  • Building / Floor Area:150 sqm
  • Garages:2
  • Carports:2
  • Land Area:599 sqm
We Know Your Area
R&H Suburb Profile: Muirhead
R&H Suburb SummaryHouses
Number of sales44
Average Price$767,057
Median Price$730,000
Median Rental Price$800 p.w.
Change in Rental Rate (5yr)29 %
Median Trend - $730,000
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