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Excellent three bedroom ensuite family home boasting spacious sunny living areas and quality fittings throughout. This home is in a sought after area of Franklin and presents an excellent opportunity for an astute investor to start or add to their property portfolio. The property was constructed in 2009 and is currently leased to Defence Housing Australia till 15th December 2021 with a three year rental option.

The northerly aspect of the property is a stand out feature, with a spacious separate living area at the front of the home that affords some water views and access to walking trails, parkland, soon to be completed Franklin Shopping Centre and the future light rail system network.

On entering the home you have large attractive ceramic tiling leading through the entry, family room, kitchen and corridors The bedrooms and front living room are fitted out with quality carpeting. The master bedroom is separate from the other bedrooms and is a good size and is serviced by a walk-in wardrobe and lovely ensuite bathroom. You have the gourmet kitchen (with gas cooking) as the central hub of the home together with the open plan meals and family room. There is access to the covered al fresco dining area off the family room and the good sized private rear gardens. Comfort is assured all year round with the addition of ducted gas heating and evaporative cooling. Garaging is via a double garage with internal access to the home.

Invest now, reap the benefits, and possibly move in when the lease expires if needed, you won't go wrong.
Don't miss out on this superb opportunity.

Features Include:

• Spacious three bedroom family home
• Ensuite bathroom and walk-in wardrobes to master bedroom
• Built-in wardrobes to bedrooms 2 and 3
• Very large master bedroom
• North facing separate living room to the front of property with water views
• Spacious open-plan family room, meals and kitchen area
• Ducted gas heating and evaporative cooling
• Large attractive ceramic tiling to entry, family room and corridors.
• Quality carpets and window treatments
• Covered outdoor entertaining area ( alfresco )
• Double garage with internal access
• Large gas cooktop in kitchen
• Attractive bathrooms
• Close to parkland, walking trails and water features
• Down lights throughout the property
• Living area 150m² approximately plus double garage and alfresco area
• Very conveniently located close to new shopping centre and proposed light rail system
• Low maintenance gardens
• NBN connected
• 5000 litre rain water tank

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

DHA Lease: 16/12/2009 to 15/12/2021
Lease options: 1 x 3 year fixed
Gross rent:$560.00 per week with annual reviews
Gross Yield of 5.24% calculated on $555,000 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

EER: 3.5
Land Size: 450m²
Land Rates: $1,710 pa (approx.)
Land Value: $308,000 (approx.)