Offering guaranteed rental income and the certainty of a long-term lease, this four-bedroom Harrison home presents an appealing opportunity for investors seeking an established investment in Canberra's north.
Leased to Defence Housing Australia until 10 September 2030, the property generates $830 per week in guaranteed rent, with annual rental reviews on 31 December. The security of the existing lease allows you to plan ahead with confidence, with the flexibility to move in, sell or lease privately once the lease has ended.
Two generous living areas and a central kitchen complement the four-bedroom layout, creating a comfortable and practical home for family living. The double garage provides internal access, while low-maintenance gardens and a covered outdoor entertaining area complete the package.
Positioned in a well-connected pocket of Harrison, the home enjoys easy access to schools, shops, parks and public transport. Harrison School and Mother Teresa School are just around the corner, with the light rail, Harrison Shops and Gungahlin Town Centre all close by. It's a convenient location that adds to the property's enduring appeal.
Please note: This property is subject to a fixed-term DHA lease and is not available for owner occupation until the lease has ended.
DHA Lease Details:
- Lease start date: 11/09/2024
- Lease end date: 10/09/2030
- Rent: $830.00 per week, subject to annual review on 31 December each year
Features Overview:
- Single level, free-standing, separate-titled home
- EER (Energy Efficiency Rating): 4.5 stars
- Moments from Harrison School, Mother Teresa School, local parks, and the light rail, with the Gungahlin Town Centre close by
Sizes (Approx):
- Internal living: 191.00 sqm
- Pergola: 18.61 sqm
- Porch: 7.68 sqm (approx.)
- Double garage: 38.00 sqm
- Total residence: 255.29 sqm
- Block size: 540 sqm
Inside:
- Generous living and dining area upon entry
- Expansive open-plan family and meals zone
- Central kitchen with breakfast bar and generous storage
- Master bedroom with walk-in robe and ensuite
- Three additional bedrooms with built-in robes
- Main bathroom with a separate toilet
- Full-sized laundry room with storage space
- Double garage with internal access and additional storage
- Ducted gas heating
- Evaporative cooling
Outside:
- Established, low-maintenance gardens
- Covered outdoor entertaining area
- Private, secure yard
- Water tank
- Driveway and off-street parking options
Prices:
- Rates: $918.75 per quarter
- Land Tax (Investors only): $1,767.70 per quarter
Building Information:
- Year built: 2008
- NBN Fibre to the Premises (FTTP)
- Flooring: Concrete slab
- External Walls: Brick veneer
- Roof Framing: Timber: Truss roof framing
- Roof Cladding: Concrete roof tiles
- Window Glazing: Single glazed windows
Harrison is a modern and well-connected suburb in Canberra's Gungahlin region, known for its diverse community, family-friendly atmosphere, and convenient lifestyle. The suburb reflects thoughtful urban design, with streets themed around natural landscapes such as waterfalls and plateaus. With the light rail running along Flemington Road and multiple nearby stops, residents enjoy easy access to the city, while also benefiting from an abundance of green spaces, including eight parks woven throughout the suburb.
Harrison blends family housing with a stronger medium-density element than many nearby suburbs, and it also has a notable 6.2% share of group households, reflecting its appeal to a broader mix of residents. Harrison is also home to quality schools such as Harrison School and Mother Teresa School, and offers close proximity to nature reserves, creating a balanced lifestyle that is both connected and relaxed.
Inspections:
As this property is leased through Defence Housing Australia (DHA), all inspections are by appointment only. To arrange a suitable time, please contact us via email at [email protected].
Disclaimer:
The material and information contained within this marketing is for general information purposes only. Stone Gungahlin does not accept responsibility and disclaim all liabilities regarding any errors or inaccuracies contained herein. You should not rely upon this material as a basis for making any formal decisions. We recommend all interested parties to make further enquiries.
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