For investors looking for an established property with income already in place, this Deebing Heights home deserves a closer look.

Currently returning $640 per week and leased to Defence Housing Australia (DHA) until April 2029, the property provides an opportunity to secure a modern investment without the immediate concern of sourcing a tenant.

The rent is reviewed annually, while DHA also holds an option to extend the current lease for a further 36 months, subject to the terms of the existing lease.

Importantly, this is not your typical townhouse-style investment.

The property is one of only six standalone homes within a small complex, offering the space and privacy of a freestanding residence together with a practical, low-maintenance design well suited to long-term investment.

A Practical 3 Bedroom Home with Plenty of Space

Spread across two levels, the floorplan provides considerably more living space than you might expect.

The downstairs master bedroom features its own ensuite, air conditioning and ceiling fan, allowing for comfortable single-level living for the main occupant.

Also downstairs is the open-plan kitchen, dining and living area, complete with stone benchtops, tiled flooring and air conditioning. An additional separate toilet provides convenience for guests.

Upstairs you'll find two further bedrooms, a full family bathroom, a large second living area and separate office/study – providing excellent flexibility for families.

Outside, a covered entertaining area with lighting and ceiling fan provides additional usable living space, while the double remote lock-up garage offers secure parking and storage.

Investment Snapshot

• $640 per week current rental return
• DHA lease until April 2029
• Rent reviewed annually
• DHA holds an option to extend the lease for a further 36 months*
• 3 bedrooms
• 2 bathrooms plus additional toilet
• 2 separate living areas
• Dedicated office/study
• Double remote lock-up garage
• Downstairs master with ensuite
• Air conditioning and ceiling fans
• Stone benchtops to kitchen and bathrooms
• Covered outdoor entertaining area
• One of only 6 standalone homes within the complex
• Established Deebing Heights location

For investors who value consistent income, an established tenancy and a quality property without the day-to-day involvement often associated with a conventional rental, this property warrants consideration.

For further information, including details relating to the existing DHA lease, contact Mick Musk at RealWay Property Consultants Ipswich.

*Any extension is subject to DHA exercising its option and the terms and conditions of the existing lease. Prospective purchasers should undertake their own due diligence regarding the DHA lease arrangements.

Please note: Photographs have been supplied by DHA and the agent has placed virtual furniture in some images.

Realway Property Consultants has taken all reasonable steps to ensure that the information contained in this advertisement is true and correct but accept no responsibility and disclaim all liability in respect to any errors, accuracies, omissions, or misstatements contained. Prospective Buyers are encouraged to make their own enquiries to verify the relevant information contained in this advertisement and obtain professional advice if necessary.

Realway Property Consultants Ipswich – Real Service Real Results