$530,000

3 Bed  •  2 Bath  •  2 Car  •  453m²

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$530,000

  • 3
  • 2
  • 2
  • 453m²

House Sold on Tue 30 Jun, 2015

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House description

“FABULOUS INVESTMENT OPPORTUNITY WITH 4.88% GROSS YIELD* WITH DHA LEASE IN PLACE”

Positioned within an easy stroll to the Yerrabi Pond District Park with its BBQ and picnic areas as well as recreational facilities and walking, running and bicycle tracks, this three bedroom ensuite plus study home makes it an ideal location to enjoy these facilities on a daily basis.

The lounge with its bay window and adjoining dining room are split-level and the informal living areas are open-plan in design. The kitchen has an electric cook top and oven, ducted exhaust and breakfast bar for the informal family meals. An outdoor covered entertaining area is accessed via the family room. The main bedroom has a walk-through wardrobe and ensuite bathroom and there are built-in wardrobes to bedrooms 2 and 3. The main bathroom has a corner spa bath, shower, vanity and separate toilet.

For year round temperature control the home is heated and cooled by ducted reverse-cycle air conditioning. Car accommodation is provided by a double garage with an automatic door and internal access and a rear door to access the back garden.

This DHA investment equals "peace of mind" from a long lease, guaranteed rental income paid monthly in advance, restoration provisions at lease end and other extensive DHA Property Care Services.

Contact Christine Shaw or Gillian Thorn to arrange a private viewing appointment.

Features Include:
- Easy stroll to the Yerrabi Pond District Park
- Split-level lounge and dining room
- Open-plan design informal living areas
- Kitchen with electric cook top and oven and a breakfast bar
- Main bedroom with walk-through wardrobe and ensuite bathroom
- Built-in wardrobes to bedrooms 2 and 3
- Main bathroom with separate toilet
- Double garage with automatic door and internal access
- Secluded covered entertaining area
- Low-maintenance gardens
- NBN connected

DHA Lease: 23/04/2009 - 22/04/2021
Lease Options: 3 year option
Gross Rent: $505 per week or $2,195.85 per month or $26,350.20 per annum with annual reviews
*Gross Yield: 4.88% (calculated on $540,000 sale price)

Land value: $191,000
Block size: 453m² (approx.)
Rates: $1,345 per annum (approx.)
EER: 3.5
Living space: 146m² (approx.)

This property is for sale on behalf of a Defence Housing Australia lessor and has a Defence Housing Australia lease in place. Visit dha.gov.au to read about the benefits of investing in Defence Housing Australia property.

Property features

ensuites

Ensuites: 1

Land details

Area: 453m²

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