Address available on request

Situated on an established 920.7m2 parcel of land in a handy position to Jerrabomberra School and the wetlands, a fantastic opportunity presents itself to purchase this four bedroom ensuite family home as an investment, with the added benefit of possibly moving in after the lease concludes in 2018 or 2019 or 2020. Jerrabomberra is a suburb that has many million dollar plus homes, and the investor with a keen eye will see the value presented here.

The single level design with formal living and dining areas, as well as a good sized family room, is orientated to capture the sun in the living areas and pergola. With neutral decor throughout, living areas are separated and the kitchen offers a hub of activity close to everything. Generous bench space in the kitchen and access to the pergola and yard from the family room is great for outdoor entertaining. All bedrooms have built-in robes, and the home offers excellent storage throughout. The large laundry has additional cupboards, and the bathroom has a separate shower and separate bath. The position of this home ensures it is an easy walk to school, playing fields and provides easy access to arterial roads.

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.

Features Include:

- Combined lounge/dining room has privacy from the street
- Easy care tiled family/meals/kitchen area with sliding door access to pergola
- Kitchen with breakfast bar, cook top, exhaust and wall oven
- Main bedroom with built in robes and ensuite bathroom
- Ensuite bathroom with shower, toilet and vanity
- Bedrooms 2, 3 and 4 all have built in robes
- Bathroom with bath, vanity, shower and separate toilet
- Laundry room with easy access to back garden
- Ducted gas heating plus wall heating
- Ducted evaporative cooling
- Covered entertaining area with metal pergola
- Private yard on huge 920m2
- Double garage
- Close to local playing fields with bus services nearby
- Shops and local schools nearby

Rates: $2654 pa (approx.)
Block size: 920.7m2
Land value: $302,000 (approx.)

Contact Christine Shaw or Jane Ahern to arrange a private viewing appointment.

DHA Lease: 17/08/2010 - 16/08/2019
Lease Option: Already exercised
Right to Vary: 1 x up to 12 months reduction and 1 x up to 12 months extension
Note: Right to Vary is at the discretion of DHA
Management Fee: 16.5% inc. GST
Gross Rent $550 per week with annual reviews
Gross Yield* of 4.85%
*Gross Yield calculated on $590,000 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.