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The Stables Solid Investment with Government Backed Lease up to 9 Years
Cessnock Area
· 4 Bedrooms · 2 Baths · Land
Cessnock Area · 4 Bedrooms · 2 Baths · Land
The new The Stables Estate, off Speedy Lock Lane, Heatherbrae NSW, is a new estate of 48 lots in Stage 1. These have mostly been sold and a large number of homes are currently under construction in the estate. Metricon, Australia's largest home builder have been contracted to build 10 large homes that will be leased on 12 year leases to the Defence Housing Authority to accommodate Defence personnel. The location of The Stables estate is key for the Airforce base at Newcastle airport and DHA have a very high and proud reputation for the care and maintenance of properties that they lease for senior personnel. A Metricon home with quality finishes presents an outstanding opportunity for investors seeking long-term stability, predictable income, and minimal involvement beyond receiving rent. DHA leases set in 3 year periods, initially for 9 years - Government-backed long-term lease with Rent paid in advance, regardless of vacancy. Comprehensive property care managed entirely by DHA. Built
The new The Stables Estate, off Speedy Lock Lane, Heatherbrae NSW, is a new estate of 48 lots in Stage 1. These have mostly been sold and a large number of homes are currently under construction in the estate. Metricon, Australia's largest home builder have been contracted to build 10 large homes that will be leased on 12 year leases to the Defence Housing Authority to accommodate Defence personnel. The location of The Stables estate is key for the Airforce base at Newcastle airport and DHA have a very high and proud reputation for the care and maintenance of properties that they lease for senior personnel. A Metricon home with quality finishes presents an outstanding opportunity for investors seeking long-term stability, predictable income, and minimal involvement beyond receiving rent. DHA leases set in 3 year periods, initially for 9 years - Government-backed long-term lease with Rent paid in advance, regardless of vacancy. Comprehensive property care managed entirely by DHA. Built
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