$499,000

4 Bed  •  2 Bath  •  2 Car  •  348m²

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$499,000

  • 4
  • 2
  • 2
  • 348m²

House Sold on Fri 1 Sep, 2017

What's around Banks

House description

“Executive Terrace Home At $520 pw”

Make your comparisons and appreciate the value.

DHA Investment properties are renowned as being excellent value for money with great returns - but the uniqueness of this lease will set it apart from others. Are you looking for something to move into in a short period of time? Imagine a guaranteed rent until 2018 - and plan to move in later.

This 200.84m2 (approx.) four bedroom ensuite home is set on two spacious levels. The lower level offers light-filled living areas, and a gourmet kitchen with lots of bench space and stainless steel appliances. In addition, there is the convenience of a powder room and easy access to the homes private court yard. The four well-proportioned bedrooms are located on the upper level, with the main bedroom including the added convenience of a superbly appointed ensuite and balcony with views over the surrounding tree lined streets and mountains beyond.

Year round comfort is assured with ducted evaporative cooling and gas heating. Being a home with a northerly aspect there is an abundance of natural light throughout.

The property is close to primary schools, Tuggeranong Town Centre and local shopping amenities.

Contact Christine Shaw or Jane Ahern to arrange a private viewing appointment.

Features Include:
. Two storey residence built in 2004
. Excellent street appeal and a quiet street
. Fantastic northern orientation for family room and outdoor living
. Four bedrooms ensuite, with all bedrooms upstairs
. Front balcony from master bedroom
. Walk in robe to master bedroom
. Formal and informal living areas
. Formal lounge to front, informal living (family & meals area) from kitchen
. Quality window treatments and floor coverings (tiles and carpet) throughout
. Modern kitchen with caesarstone benchtops and island workbench
. Gas cooktop, rangehood and electric wall oven
. Bathroom with separate bath and shower, with caesarstone vanity benchtop
. Ducted gas heating and evaporative cooling
. Rinnai continuous hot water system
. Storage area under stairs
. Double garage with auto panel lift door and internal access
. Rear pergola
. Low maintenance lawn and side gate access
. Excellent energy efficiency rating
. Close to local shops, schools and sporting facilities

Ground Floor: 77.83m2
Upper Floor: 80.10m2
Garage: 33.11m2
Portico: 4.90m2
Balcony: 4.90m2
Total Residence: 200.84m2 (approx.)

EER: 4
Land Size: 348m2
Land Rates: $1749 pa (approx.)
Land Value: $244,000
Land Tax: $2258 pa (approx.)

DHA Lease: 31/10/2006 to 30/10/2018
Lease Option: Already exercised
Right to Vary Available: 1 x up to 12 month reduction
Gross Rent: $520 per week with yearly market review
Right to Vary is at the sole discretion of DHA
Management Fee: 16.5% (inc GST)

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: 348m²

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