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From: Mike .


DEFENCE HOUSING
From: RUSTY
Date: 2/3/00
Time: 3:05:34 PM

Hello to all,

I purchased two investment properties in South Australia in 1999. The second was a DHA property. I actually purchased it through a real estate agent rather than the DHA. The current owner had moved to Canada and was in a hurry to sell the property. Because of this the price was negotiable.

It is leased through the DHA for another 4 years. My rent is paid monthly in advance. The DHA maintain the property for a higher agents fee 15% which covers most wear and tear.

I have found the DHA execellent to deal with. Although I agree most of the properties for sale through them are overpriced.
 
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E Morris

Reply: 1
From: Mike .


Re: DEFENCE HOUSING
From: [email protected]
Date: 4/2/00
Time: 9:46:34 AM

hi Rusty. I am in the throws of buying an investment property in Elizabeth North in Adelaide..through the Dept. of Defence..got any suggestions on veryifying whether the value is there - given I am not in a position to travel to Adelaide? the place is 3 bed, cost 97500 and rented @ 150 pw. thanks Eddy
 
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