Our long-term lease allows you to easily adopt a buy and hold strategy.
When you buy a DHA property, our standard lease terms are 9 or 12 years. Shorter lease terms of 3 or 6 years may be offered on occasion.
So that we have flexibility to meet our Defence housing obligations, we can vary the lease term by exercising each of the following rights once:
- Extend the term by up to 36 months
- Extend the term by up to 12 months
- Reduce the term by up to 12 months.
At the end of the lease agreement, the property is returned to you. This means you can move in, rent privately or sell as you wish.