Constitution Avenue Campbell ACT 2612 - Apartment Sold on 02 08 2024

SoldAug 2, 2024

Constitution Avenue Campbell ACT 2612

$600,000

Apartment

•

Sold: Aug 2, 2024

Brilliant DHA Investment with 5.28%* Gross Yield

DHA Lease: 25/11/2016 - 24/10/2025 Lease Options: up to 36 months Lease Option is at DHA discretion only Gross Rent: $600 per week DHA Management Fee: 13% inc. GST Available as an investment purchase only - rent is guaranteed for 52 weeks every year which represents a fantastic gross yield of 5.28%*. Great rental return, brilliant location, plus huge lifestyle options for tenants – the perfect formula for the very best of investments. As well, this spacious apartment has a north-facing orientation looking towards Hassett Park and Playground, and does not overlook Constitution Avenue. Defence Housing Australia advertising shows "set and forget" as the under-pinning phrase of their sale and leaseback program – and that is certainly true. This large and light filled two bedroom apartment would suit those looking for an easy-care investment property to add to the portfolio with a generous sized apartment with open plan living and dining. Other features include a great sized pantry, full height tiling, spacious shower, quality fixtures and fittings including large mirrored shaving cabinets with storage. Both the living flows to a sunny balcony with a local park outlook and the apartment comes with a secure carparking space and adjacent storage cage. Tenants will always be happy living here with so many facilities in the Campbell precinct and cafe lifestyle. With an easy walk to Lake Burley Griffin, plus shops and transport options on the doorstep of Civic, this investment is too good to miss. Features: Constructed in 2015 North-facing orientation Views of Hassett Park and Playground Open plan living King size master bedroom Queen size second bedroom Both bedrooms with built-in robes Modern kitchen with stone benches, and push/close cabinetry Good sized pantry and quality appliances Under bench oven, integrated dishwasher and microwave hutch Tiles to the ceiling in bathroom Large shower and mirrored shaving cabinet Quality carpet throughout and tiled in wet areas Split system air-conditioning Balcony access from living area with views to park Close to all amenities, restaurants, cafes and transport One secure car space with adjacent storage cage Cafe lifestyle just metres away Easy walk into Civic and around Lake Burley Griffin Transport options aplenty Apartment: 78m2 Balcony: 11m2 Car Park: 13m2 Storage: 2m2 EER 6 Rates: $474 pq WS&S: $171 pq Land Tax: $576 pq Body Corp: $1460 pq 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. Note: Figures and numbers are approximate only * Gross yield based on sale price of $590,000

Seller's review

over 1 year ago

Verified Review

Excellent agent

Christine Shaw is an excellent agent for selling a property. Christine provided appropriate guidance and advise such as current market value, advertising methods. More than those Christine is excellent communicator, kept me in loop all the time, responded my several queries on time.

Balagulam & Malarvizhi Sr

Seller