What DHA looks for IN A PROPERTY

With almost 60,000 members in the permanent Defence Force, DHA’s properties reflect the housing needs of all Australians. “We have everyone from young people who want to live in Braddon close to the action to families who want to live in the suburbs near schools and parks,” explained Luke Jorgensen from DHA’s Leasing and Acquisitions team. “The common thread between them all is wanting to be close to work.”

DHA is looking to work with builders and developers of all sizes to add new stock to its portfolio to meet growing demand in Canberra and the region. Properties can be sold to investors as a house and land package with DHA’s popular lease and property care contract in place or may also be retained by the builder and leased to DHA on completion.

“We are unique in that you get to work with DHA, the future tenant, at all stages of the project,” explained Luke. “We can work with you to identify blocks to purchase and let you know what we need included in plans. We may be able to commit to leasing the property during planning so you can begin construction with the certainty of a tenant once the build is finished.”

DHA’S PROPERTY REQUIREMENTS

To ensure they meet the needs of Defence members, properties leased to DHA must meet minimum requirements and have identified additional features installed:

> minimum requirements - cover basic property specifications such as the number and type of rooms and vary by property type. Properties must meet minimum requirements to be leased to DHA.

> additional features - may be required depending on the property’s location, such as outdoor areas, security features, climate control, and extra storage.

While minimum requirements have been quite prescriptive in the past, DHA has recently changed its approach to simplify the types of properties it leases. For free-standing houses or townhouses, DHA requires:

> a minimum of three bedrooms with built-in wardrobes,

> lounge room, dining/meals area, kitchen, and laundry,

> bathroom with separate shower and bath,

> separate toilet,

> ensuite,

> double or single lock-up garage, and

> fully enclosed rear yard of at least 35m².

“Working with us during the planning stage ensures additional features are included,” said Luke. “We can ensure enough storage, appropriate climate control, and covered outdoor area.”

For more information about building a property to lease to DHA, you can call 133 342, email leasing@dha.gov.au, or visit dha.gov.au/builder-partnerships

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This information is general in nature. It doesn’t account for your specific needs. Please look at your objectives and business requirements and seek financial advice before making financial decisions. Read the Employer Handbook, Cbus Industry Super Product Disclosure Statement (PDS) and Target Market Determination to decide what’s right for you. Call 1 1300 361 784 or visit c cbussuper com au for a copy.