Price Undisclosed

4 Bed  •  2 Bath  •  2 Car  •  631m²

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Price Undisclosed

  • 4
  • 2
  • 2
  • 631m²

House Sold on Tue 23 Aug, 2016

What's around Banks

House description

“DHA INVESTMENT - THREE LIVING AREAS OR 5TH BEDROOM - WITH ELEVATION AND VIEWS”

If you are keen to invest in Canberra real estate, this DHA leased investment is the easiest way to become a property investor. Enjoy the many benefits of owning a property leased by Defence Housing Australia. A DHA lease provides a guaranteed long term rental income with annual rent reviews, comprehensive and professional property management as well as generous restoration provisions at lease-end. No vacancies, no late rent, no hassles!

Easy living, clean line contemporary designed home, offering the highest quality of fixtures and fittings. The eye pleasing modern architectural features and decor are enhanced by the spacious proportions of this four bedroom home with three living areas. As the floorplan shows, the third living area could easily be reconfigured to a 5th bedroom, subject to usual approvals after the lease period has finished. The sun bathed informal living areas afford astonishing views of the Brindabellas and flow to rear entertaining courtyard. There is no compromise on quality, style and size.

This stunning contemporary home is positioned high on the hill and is surrounded by other quality homes. The single level design incorporates 216m2 of living area, plus double garage and outdoor entertaining area.

Features include:

- 4 bedroom ensuite home - single level design
- Contemporary design with high ceilings throughout living areas
- Modern stone kitchen and spotless bathrooms
- Formal and informal living areas with an abundance of northern sun
- Third living area of rumpus room or 5th bedroom redesign after lease concludes
- Double garage with internal access
- Elevated position with distant views
- Only minutes to popular primary schools, high schools and the Lanyon Market Place
- DHA leased until April 2022 plus a 3 year option

Living: 216.35m2
Garage: 39.3m2
Total Residence: 255.65m2

EER: 4.5
Land Size: 631m2
Land Tax: $2,879 pa (approx.)
Land Value: $313,000 (approx.)
Land Rates: $1,991 pa (approx.)

DHA End of Lease: 13/04/2022
Lease options: 1 x 3 years (at DHA discretion)
Right to Vary Available: Plus/Minus 1 x 12 month reduction or extension (at DHA discretion)
Gross Rent: $600 per week with annual reviews
Gross Yield of 5.03% calculated on $620,000 sale price




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.

Land details

Area: 631m²

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