Years Initial Term Release Nominee may request 6, 9 or 12 years, at DHA’s discretion.
3
Years Extension Period Exercisable by DHA at the end of the initial term.
13.0%
Service fee, incl GST Payable under the DHA Property Care Contract.
4
Years Defect Period Transferable to the nominee and any subsequent landlord.
Eight residences with a DHA lease commitment
DHA has committed to lease eight residences at The Grande on London under an Offer to Lease and its terms and conditions. Construction is complete and they are ready to occupy.
Key Points
Lease package
Offer to Lease, ACT Tenancy Agreement and DHA Property Care Contract. Run concurrently and end together.
Commencing rent
Greater of the rent stated in the Offer to Lease or DHA’s independent valuation, obtained within three months before commencement.
First rent review
31 December of the year following commencement.
Service fee
13.0% of rent, incl GST, covering DHA property care and most non-structural repairs.
Key dates
Lease Commencement Date on or before 20/12/2026, with a maximum extension to 1/03/2027. Offer to Lease valid to 1/03/2027.
Sale process
Nominate your buyer to DHA. Once the Offer to Lease is accepted, signed and returned, the investor is bound by it and must enter into the DHA Lease Agreement and Property Care Contract.
AVAILABLE UNITS
Lot;Unit;Lvl;Bed;Bath;Car;Internal;External;Rent p.w.;Price