$550,000

4 Bed  •  2 Bath  •  2 Car  •  505m²

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Sold

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$550,000

  • 4
  • 2
  • 2
  • 505m²

House Sold on Mon 27 Jun, 2016

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House description

“LONG TERM DHA INVESTMENT PROPERTY WITH 5.25%* GROSS YIELD AND $565 PER WEEK RENT”

Note: Rent to never fall below $565 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.

With a lovely picket fence and a duck pond just nearby, astute investors will realise this home will always appeal to people wanting to stay in the fantastic suburb of Jerrabomberra.

Features Include:

• Lounge/dining room with awnings to the front
• Easy care tiled family/meals/kitchen area with sliding doors on either side of the room to the back garden
• Kitchen with breakfast bar, gas cook top, exhaust and dishwasher
• Main bedroom with mirror built in robes
• Ensuite bathroom with shower, toilet and vanity
• Bedrooms 2, 3 and 4 all have mirror built in robes
• Bathroom with bath, vanity, shower and separate toilet
• Laundry room with access to back garden
• Covered entertaining area with metal pergola
• Outlook to the rear into local reserve
• Gas hot water service
• Linen press x 3 cupboards in the hall
• Double garage with two automatic doors and door to the rear leading to the back garden
• Ducted gas heating and evaporative cooling

Rates: $632.80 per quarter (approx.)
Block size: 505 m2
Land value: $264,000 (approx.)

Contact Christine Shaw or Gillian Thorn to arrange a private viewing appointment.

DHA Lease: 27/09/2013 - 26/09/2023
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 $565 per week with annual reviews

*Approx. Gross Yield calculated on $560,000 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.

Land details

Area: 505m²

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