Address available on request

This Watson development has an excellent history of quality townhouses throughout the complex, and beautiful landscaped areas in this picturesque park-like setting. With this two storey three bedroom ensuite townhouse, the DHA option is already exercised, which means you could find this makes the perfect purchase for your future home, with the benefits of guaranteed rent and tax benefits in the meantime. Another option is to continue renting the property after the lease expires as part of your investment portfolio.

The ground floor offers formal living upon entry flowing to the open plan kitchen, family/dining and overlooks the entertainment courtyard which is great for entertaining all year around. The galley style kitchen features Caesar stone bench tops, quality stainless steel appliances and ample storage. The segregated master bedroom is conveniently positioned on the ground level with built in wardrobes and an ensuite with stone top vanity. The additional generous sized bedrooms, each with built in wardrobes and served by a shared main bathroom are found on the first level. There is ducted reverse cycle heating and cooling, neutral toned carpet and tiles throughout and a double lock up garage with automatic control and internal access. This well-designed floor plan works well for an investment or owner/occupiers at the end of the lease. Enjoy the lifestyle of the peaceful and modern convenience set in unspoiled natural surrounds, with easy access to Dickson and Watson shops, great schools and proximity to the future Light Rail and Canberra CBD.

With a DHA investment, you have the comfort of knowing there is guaranteed rental income paid monthly in advance, whether the property is occupied or not. The maintenance during the life of the lease is excellent, with restoration provisions applying at the end of the lease. The DHA management fee of 13% inclusive of gst includes the cost of most non-structural repairs and maintenance, and don't forget to speak to your Tax Adviser about 100% of the ACT stamp duty being claimed as a tax deduction.

Features Included:

The ground floor doorways and passages cater for individuals with impaired mobility
Caesar stone bench tops
Kitchen with stainless steel appliances
Master bedroom ensuite with stone top vanity
Three spacious bedrooms all carpeted with built in wardrobes
Ducted reverse cycle air conditioning and heating
Double lock up garage with automatic control and internal access
NBN connected
Covered entertaining area
Rheem continuous infinity gas hot water
Conveniently located close to Watson shops, primary school and childcare centre, doctors surgery and other amenities

DHA End of Lease: 28/06/2019
Lease Options: Already Exercised
Right to Vary Available: Plus/Minus 1 x 12 month reduction or extension
Gross Rent $510 per week with annual reviews
Management Fee: 13% includes GST
*Approx Gross Yield calculated on $560,000 sale price

EER: 3.5
Body Corporate: $1099.69 per quarter
Rates: $268 per quarter (approx)
Land Tax: $293 per quarter (approx)

Residence living space: 145m2 (approx.)
Garage: 37m2 (approx.)
Outdoor Entertaining: 58m2 (approx.)
Total Residence: 201.65m2 (approx.)

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.