Leasing your property to DHA can provide a secure, long-term tenant. This gives you added comfort of knowing you will be getting a rental income even if the property is vacant. Sounds pretty good right?
Knowing if buying a DHA investment property is the best option for you can be very confusing.
Reach out to us to talk through if buying a DHA investment property could meet your investment needs.
DHA is your tenant, therefore you can easily budget knowing you will receive a guaranteed rental income.
Unlike the standard leases, DHA has options of 6 to 12 years, with a possibility of an extension.
All properties must meet certain guidelines – this will ensure that the standard of the dwelling will meet the ADF members requirements.
DHA will manage your property under the Property Care Contract.
In a nutshell, DHA provides housing to ADF members and their families. This comes at a reduced rental rate to the member with the ADF picking up the gap to hit market rent. Properties are rented to DHA who hold the lease and manage the ADF members on your behalf. Buying a DHA investment property can appeal to may investors who want a hands off approach.
A DHA Investment property is typically located close to bases (within 30km) and can have different attributes dependent on the needs of the ADF. Unfortunately they will not just onboard any old house to rent – it must meet extensive guidelines.
There can be a lot of upside with buying a DHA investment property – guaranteed rent return, long term leases, vacancy management, repairs and maintenance (DHA service agreement will take full responsibility for non structural repairs and maintenance).