Address available on request

Investors understand getting in at the ground level of an opportunity is always best. As a new suburb in the Molonglo District, Coombs offers a brilliant location, only 15 minutes to Parliament House and the restaurant and shopping precincts of Yarralumla, Kingston and Manuka and 20 minutes to Canberra's CBD.

This two storey three bedroom plus ensuite home is architecturally designed, with a well-planned quality kitchen with stone benchtops and stainless steel appliances. The home has a double lock up garage, and is fitted with solar hot water system. For year round comfort, there is reverse cycle split system on both levels.

For investors, it is important to know your suburb will be attractive to tenants, and the suburb of Coombs has a great reputation for the residents utilising the running, walking and cycling tracks nearby at Mt Stromlo and along the Molonglo River. The parklands, ovals, shops and schools and a child-care centre are all within walking distance.

Features include:
Excellent northerly orientation for living
6 star energy rating
Solar hot water installed
Open plan family and dining adjacent to the kitchen
Kitchen with stone benchtops and breakfast bar
Quality stainless steel appliances
Powder room and laundry room
Master bedroom with ensuite and walk-in robe
Two additional bedrooms fitted with built-in robes
Bathroom with separate shower and bath
Ducted reverse cycle air conditioning
Covered alfresco area
Low maintenance gardens
Double garage
Living: 113.96 m2(approx.)
Pergola: 10.26 m2 (approx.)
Porch: 8.19 m2 (approx.)
Garage: 39.23 m2 (approx.)
Total Residence: 171.64 m2 (approx.)

EER: 6
Land Size: 200m2 (approx.)
General Rates: $1454 pa (approx.)
WS&S Rates: $631 pa (approx.)
Land Tax: $452 pq (approx.)
Community Title: $357.76 pa
Land Value: $188,000 (approx.)

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.

Lease Term: 12 + 3 years (Option to be exercised at the discretion of DHA)
Gross Rent: $530 per week with annual reviews
Management Fee: 16.5% inc.GST

*Calculated on sale price of $535,000

Note: The rent will never fall below $530 per week during the life of the lease.

This property is for sale on behalf of Defence Housing Australia and will have a Defence Housing Australia lease in place. Refer to DHA website for lease terms and conditions (dha.gov.au)