Long-term lease

Secure your investment by choosing the lease term that best suits your needs.  
 
We generally offer leases for 3, 6, 9, or 12 years and will work with you to find the lease term that suits your needs and our requirements. However, additional terms are included in the standard lease agreement to enable us to meet our Defence housing obligations.

At DHA’s discretion only, we can vary the lease by exercising each of the following rights once:

  • extend the term by up to 36 months,
  • extend the term by up to 12 months.

You can sell your property at any time during the lease term, however, it must be with the DHA lease and Property Care Contract in place. This means whoever purchases your property will continue to lease it to DHA for the duration of the lease.

End of lease

At the end of your fixed lease term or extensions, you can:

  • choose to sign another lease with DHA if we still require your property, or
  • have the property returned so you can sell, move in or rent privately.

Our Leasing Team will contact you as early as 12-18 months before the end of your lease to work with you to sign a new long-term lease with DHA or prepare to return your property. 

Standard lease agreement

When you lease to DHA, you sign the standard state or territory tenancy agreement applicable for your property. The lease agreement outlines our obligations as a tenant and your responsibilities as the landlord.

Property Care Contract

DHA are your tenant and property care provider and manage your property under the terms of the Property Care Contract. The lease agreement and the Property Care Contract run concurrently and end simultaneously.

The Property Care Contract outlines the services we provide throughout the lease term as part of our service fee. This includes vacancy management, most non-structural repairs, rent reviews, and scheduling and facilitating inspections/contractors.

No bond payment

There is no bond payable by DHA as the tenant.

Insurance

You must take out and maintain appropriate insurance to cover your property and your obligations as a landlord.

Next steps and more information 

Ready to invest? 

If you'd like to speak to our Investor Support team to learn more about our long-term leases, please call 133 342 or submit an online enquiry.

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Want to know more? 

If you'd like to speak to our team, call 133 342 or submit an online enquiry by clicking below.

Free property investment webinar

Learn about the benefits of leasing your investment property to DHA, ask questions and have them answered live.

*Rent may be subject to abatement under certain circumstances such as loss of enjoyment or amenity, or breach of lease terms. Rent is paid where the property is habitable. Should a property become uninhabitable during the term of the lease, or lessor breaches the lease terms, the rent may cease or abate and the lease may be terminated by DHA. Guaranteed rent is subject to the terms of the lease. DHA does not take into account an investor's objectives or financial needs. Investors should always seek appropriate independent advice before making any investment decisions with DHA.