$600,000

2 Bed  •  1 Bath  •  1 Car

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Sold

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$600,000

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Apartment Sold on Fri 2 Aug, 2024

What's around Campbell

Apartment description

“Brilliant DHA Investment with 5.28%* Gross Yield”

DHA Lease: 25/11/2016 - 24/10/2025
Lease Options: up to 36 months
Lease Option is at DHA discretion only
Gross Rent: $600 per week
DHA Management Fee: 13% inc. GST

Available as an investment purchase only - rent is guaranteed for 52 weeks every year which represents a fantastic gross yield of 5.28%*.

Great rental return, brilliant location, plus huge lifestyle options for tenants – the perfect formula for the very best of investments.

As well, this spacious apartment has a north-facing orientation looking towards Hassett Park and Playground, and does not overlook Constitution Avenue.

Defence Housing Australia advertising shows "set and forget" as the under-pinning phrase of their sale and leaseback program – and that is certainly true. This large and light filled two bedroom apartment would suit those looking for an easy-care investment property to add to the portfolio with a generous sized apartment with open plan living and dining.

Other features include a great sized pantry, full height tiling, spacious shower, quality fixtures and fittings including large mirrored shaving cabinets with storage.

Both the living flows to a sunny balcony with a local park outlook and the apartment comes with a secure carparking space and adjacent storage cage.

Tenants will always be happy living here with so many facilities in the Campbell precinct and cafe lifestyle. With an easy walk to Lake Burley Griffin, plus shops and transport options on the doorstep of Civic, this investment is too good to miss.

Features:

Constructed in 2015
North-facing orientation
Views of Hassett Park and Playground
Open plan living
King size master bedroom
Queen size second bedroom
Both bedrooms with built-in robes
Modern kitchen with stone benches, and push/close cabinetry
Good sized pantry and quality appliances
Under bench oven, integrated dishwasher and microwave hutch
Tiles to the ceiling in bathroom
Large shower and mirrored shaving cabinet
Quality carpet throughout and tiled in wet areas
Split system air-conditioning
Balcony access from living area with views to park
Close to all amenities, restaurants, cafes and transport
One secure car space with adjacent storage cage
Cafe lifestyle just metres away
Easy walk into Civic and around Lake Burley Griffin
Transport options aplenty

Apartment: 78m2
Balcony: 11m2
Car Park: 13m2
Storage: 2m2

EER 6
Rates: $474 pq
WS&S: $171 pq
Land Tax: $576 pq
Body Corp: $1460 pq

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.

Note: Figures and numbers are approximate only

* Gross yield based on sale price of $590,000

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