Address available on request

This investment-only property is for sale on behalf of a Defence Housing Australia lessor with another 4 years until the Defence Housing Australia lease expires. It cannot be lived in by owners until potentially 2026.

This DHA Mid-lease sale apartment in the fast growth area of Queanbeyan offers two bedrooms and two bathrooms. On the doorstep of Queanbeyan's vibrant retail and commercial precinct, this is a perfectly positioned investment property.

This 4th floor apartment is spacious in size with a contemporary, open plan layout and a modern kitchen with stone benches, quality joinery and appliances overlooking the living and dining areas and large North facing balcony, making this a light and bright space to live.

Both bedrooms provide built in wardrobes, the master with generous sized ensuite and the second bedroom providing easy access to the main bathroom incorporating the laundry comes complete with dryer.
Reverse cycle air conditioning keeps the apartment comfortable and there is a secure underground parking space for two cars and storage cage, as well as lift and intercom system access to the apartment.

With guaranteed year-round rental payments, whether the apartment is vacant or not, as well as the set and forget provisions a DHA investment property always offers, this is an excellent long term investment opportunity. With the lease extending in 2026, this could be a useful addition to a superannuation fund.

Once the lease expires the apartment's location makes it ideal for a variety of uses. An ongoing rental property and a safe, secure investment-only opportunity now, a multi-use property in the future.

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.


At a glance….

• Spacious 2 bedroom 2 bathroom apartment
• North facing aspect
• Open plan living
• Quality kitchen with stone benches, quality joinery and appliances including dishwasher
• Both bedrooms offer built in robes
• Ensuite and main bathroom provide large walk-in showers
• Laundry included in main bathroom comes with dryer
• Large entertaining balcony
• Light and bright
• Reverse cycle heating and cooling
• Built in 2014

Facts:

Living: 96m2
Balcony: 12m2
Carparking: 2 secure car spaces
Gross Rent: $2,065.40 per calendar month
Lease From: 31/03/2017 to
Lease To: 30/03/2026
Right To Vary: 1 x Up To 12 Months Reduction or Extension
Note: Lease option and Right to Vary are at DHA discretion only

Rates: $461.00 per quarter (approx.)
Strata Fees (admin & sinking funds): $985.54 per quarter (approx.)

(All measurements, amounts and values are approximate and not to be relied upon. Buyers to make their own enquiries.)