Price Undisclosed

4 Bed  •  2 Bath  •  2 Car

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Price Undisclosed

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House Sold on Thu 13 Jul, 2017

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House description

“4 Bedrooms Plus Study - And Gross Yield* of 5.12%”

Embracing an ideal north to rear aspect, this single level investment property is positioned in a sought-after part of Queanbeyan renowned for its magnificent surrounding greenery. The home enjoys expansive family proportions of two very good sized living areas, a segregated master bedroom with bay windows, and a study/future 5th bedroom that can be increased in size easily with a shift of doors once the lease is concluded.

Features Include:

- Formal lounge plus open plan dining/family area
- Large all-weather rear pergola enjoys tree-filtered views
- Kitchen with corner pantry, gas cooktop and wall oven
- Segregated master bedroom with walk in robe and ensuite
- Remaining three bedrooms each have built in robes
- 5th bedroom/study easily modified to expand in size after lease concludes
- Main bathroom has a separate bath and shower
- Ducted gas heating and evaporative cooling
- Internal access double garage plus storage space
- Private rear garden very neat and low maintenance

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.

Contact Christine Shaw to arrange a private viewing appointment.

Land Size: 688m2
Land Rates: $2,706 pa (approx.)
Land Value: $290,000 (approx.)

DHA Lease: Lease End Date 20/02/2021
Lease Option: Already exercised
Right to Vary Available: 1 x 12 month reduction or extension Gross Rent: $590 per week with annual reviews Gross Yield*: 5.12% (based on $599,000 sale price) Management Fee: 16.5% (inc GST)
* Gross Yield calculated on $599,000 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.

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