Investors understand getting in at the ground level of an opportunity is always best. The master-planned township of Googong covers 780 hectares of former grazing land and will take around 20 years to complete. Around 18,000 people - living in approximately 6,200 dwellings - will one day call Googong home. The Googong master plan creates 5 distinct but connected neighbourhoods, and each neighbourhood will have its own character while still being linked to the wider township - with the hub of activity centred around The Clubhouse. As a township, Googong will offer all the amenities and advantages of modern living - everything an investor could want in terms of capital growth. While the community will evolve and change over time, the guidelines set up at the planning stage will ensure that Googong provides a strong sense of community and a sustainable way of life. From their own website "this will ensure a level of quality is maintained and help protect your investment" in the home.
This Defence Housing Australia investment property is located in the first stage of Googong.
The uniqueness of this township cannot be under-estimated. Googong has already established itself with an advertising campaign highlighting the identity - as the locals are called "Googonians". Their Ministry of Health recommends exercise and outdoor activities, as over 23% of the Googong area is dedicated to open space and high quality landscaping. In developing the parklands, revegetating areas will occur with native species, and endangered native grasslands will be protected, along with habitats for the local animal and bird life.
Googong is located near Googong Dam on Old Cooma Road, just beyond Jerrabomberra, and only 20-25 minutes from Manuka shopping precinct and Canberra's Parliament House. (The Googong website shows 26 minutes to Canberra CBD.) The township of Googong is quite separate from the Googong Dam and its Foreshores. No development will take place within, or in an area visible from, the Foreshores area. The picturesque site is characterised by gently undulating slopes and plans, and dominated by the dramatic mountain backdrop of the Molonglo Ranges.
Each one of these DHA investment properties is located a short walk from Club Googong, which has a five lane 25m heated pool and an outdoor splash deck for smaller children. There is a gym, as well as tennis courts, children's playgrounds, amphitheatre, barbeque areas and broadwalks - all just a short walk from these investment properties. As well, there will be two neighbourhood community centres, an indoor sports centre, and recreational facilities including 7 sports fields, 6 netball courts and 13 local parks.
Specific individual house features include:
• Large front door and entry porch
• Crimsafe screens on all street-facing windows/doors
• Separate formal lounge
• Galley-style kitchen with breakfast bar
• Quality appliances with electric oven and gas cooktop
• Open plan family and dining area adjacent to the kitchen
• Master bedroom with ensuite and walk-in robe
• Three additional bedrooms fitted with built-in robes
• Bathroom with separate shower and bath
• Ducted reverse cycle air conditioning
• Good storage, with linen and broom cupboards
• Covered alfresco area
• Low maintenance gardens
• Double garage with internal access
Living: 169.9m2 (approx.)
Portico: 8.7m2 (approx.)
Alfresco: 14.6m2 (approx.)
Garage: 44.4m2 (approx.)
Total Residence: 237.6m2 (approx.)
Land Size: 534m2 (approx.)
Rates: $2,837.26 pa (approx.)
Land Value: $245,000 (approx.)
Note: The rent will never fall below $570 per week during the life of the lease.
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.
DHA Lease: 12 years
Lease Options: 1 x 3 year fixed
Right to Vary Available: Plus/Minus 1 x 12 month reduction or extension
Management Fee: 16.5% inc.GST
Gross Rent $570 per week with annual reviews
This property is for sale on behalf of a 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)
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