$470,000

2 Bed  •  2 Bath  •  1 Car

Main view of Homely unit listing, Address available on request
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Second view of Homely unit listing, Address available on request
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$470,000

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Unit for sale23 days on Homely

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Unit description

“Long term Investment Opportunity – ‘Furlong’ Apartments, Central Queanbeyan”

Positioned in the heart of Queanbeyan, this well-maintained third-floor apartment in the popular Furlong complex presents an outstanding investment opportunity with a secure Defence Housing Australia (DHA) lease in place until September 2026. DHA are then entering a new lease for a further 6 years + 3/4year option.

Set within a complex of 46 units, this spacious 2-bedroom, 2-bathroom apartment offers modern comfort, practical design, and strong rental returns.

Property Features:
• 2 generous bedrooms, both with built-in robes
• 2 bathrooms
• Third-floor position
• Light-filled living and dining area opening to a private, undercover northerly-facing balcony
• Contemporary kitchenette with stainless steel Westinghouse appliances
• Stone benchtops, gas cooking, and dishwasher
• European-style laundry with dryer included
• Reverse cycle heating and cooling for year-round comfort
• Secure underground parking for 1 car
• Total size: 98sqm
• Built in 2014

DHA Lease Details (current):
• Lease type: 6C (6 + 3-year option exercised)
• Lease period: 22/09/2017 – 21/09/2026
• Current rent: $580 per week
• DHA management fee: 13% (incl. GST)
• Approx. monthly DHA fee: $313.78

DHA Lease (New)
Will commence Sept 2026 - end Sept 2032 + 3/4 year option period

Enjoy the peace of mind that comes with a DHA lease, including guaranteed rent and professional property management.

Outgoings (Approx.):
• Council rates: $667 per quarter
• Strata: $1,495.72 per quarter (Admin: $802.72 + Sinking Fund: $693)
• Water: TBC

Prime Location – Walk to Everything:
• Dan Murphy’s – 100m (1 min walk)
• Queanbeyan Park – 170m (2 min walk)
• Cafés – 200m (3 min walk)
• Riverside Plaza – 450m (6 min walk)
• Woolworths – 650m
• Aldi – 750m
• Coles – 850m
• Queanbeyan Public School – 750m
• Queanbeyan High School – 1.3km
• Canberra CBD – just 13km (approx. 20 min drive)

Important Information:
This property is sold with a DHA lease in place and cannot be owner-occupied until the lease expiry. Inspections are strictly by private appointment for pre-qualified buyers and must be arranged through the agent in coordination with DHA.

Images provided are for illustrative purposes only.

For further information or to arrange a private inspection, please contact Tracee Stuart at Hudson Property – The Defence Specialists.

Disclaimer:
All information provided has been sourced from parties deemed reliable; however, Hudson Property Agents cannot guarantee its accuracy. Interested parties are advised to conduct their own independent enquiries and seek legal advice.

Property features

airConditioning

Air Conditioning

balcony

Balcony

builtInRobes

Built-in Robes

dishwasher

Dishwasher

ductedHeating

Ducted Heating

reverseCycleAircon

Reverse Cycle Aircon

secureParking

Secure Parking

Other features

inclusions: Dishwasher, Dryer, reverseCycleAirCon

Building details

Area: 98m²

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