In the last 6 months, there have been 48 sales over $1m in Googong, with 13 of those sales ranging from $1.4m to $3.1m. Googong is out-performing every other suburb in the Canberra Region. This is the place to invest in.
DHA Lease: 1st Feb 2019 to 31st January 2025
Lease Option: 3 years - this could mean a 31/1/28 finish of the lease
Lease Option is at DHA discretion only
Gross Rent: $750 per week with annual reviews
Secondary rent review process can occur 1st January 2023
Management Fee: 16.5% inc. GST
For the savvy investor, there is no better location than Googong to invest for your portfolio and for your future. The prices since the area was launched less than 10 years ago have proven to show fantastic capital growth – and all this only 5km down the road from Jerrabomberra.
The initial master-planned township of Googong covers 780 hectares of former grazing land and will take around 20 years to complete. For the investors not living in our region, the locals call themselves "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 is a focus with native species, and endangered native grasslands will be protected, along with habitats for the local animal and bird life.
The township of Googong is quite separate from the Googong Dam and its Foreshores. No development will take place within, or in an area of, 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.
This four bedroom ensuite home offers two living areas, plus a pergola, plus an alfresco area overlooking a great greenspace. The home has neutral tones throughout. The kitchen has 30mm stone benchtops and a great sized pantry. The master bedroom has a walk-in-robe and the other bedrooms have mirrored built-in-robes. Everything an investor could want !
Features include:
• Constructed in 2017
• Entry porch
• Feature timber entrance door
• Separate formal lounge
• Quality kitchen with 30mm stone benchtops
• Feature red splashback tiles
• Large walk-in pantry
• 750mm gas cooktop and 750mm under bench oven
• 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
• Wall hung vanities plus feature basins and tapware
• Separate laundry room
• Reverse cycle air conditioning
• Covered alfresco area and pergola area
• Low maintenance gardens
• 2000 litre rainwater tank
• Large double garage with internal access
• Space for workshop bench with power
• Timber panel lift garage door
Club Googong offers 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.
For investors, you will be able to discuss future lease options with DHA in 2028. For those looking to live in Googong, with guaranteed rent, talk to your accountant about the rent payments helping to reduce your mortgage before you move in during 2028. A DHA lease provides a guaranteed rental income - there are no vacancy periods - and your rent is paid monthly and in advance. This DHA investment equals "peace of mind" from a long lease and restoration provisions at lease end and other extensive DHA Property Care Services. 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 website to read about the benefits of investing in Defence Housing Australia property.
Land Size: 493m2
Rates: $3462.44 pa
Land Value: $316,000
Residence: 144.91m2
Verandah: 6.11m2
Porch: 1.74m2
Alfresco: 8.82m2
Double Garage: 40.14m2
Total Residence: 201.72m2
Note: All measurements and figures are approximate.
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