SoldOct 2, 2025

Northbourne Avenue Braddon ACT 2612

$500,000

1
1
1

Unit

30+ days on the market

Sold: Oct 2, 2025

CENTRALLY LOCATED, ONE BEDROOM UNIT PLUS STUDY ON DHA LEASE UNTIL 2028, 1 MIN TO CANBERRA CBD!

Look no further for a perfect, well located, secure investment property in the “IQ Apartment” Complex. Leased to Defence Housing Australia (DHA) for $560 PW. Enjoy all the freedom of guaranteed income and stress- free property management. PROPERTY FEATURES: : 1 bed+ study/1bath/1car Fourth floor unit 1 bedroom + study both with built in robes 1 bathroom Large dining/living with balcony access balcony internal laundry with dryer and additional storage reverse cycle air conditioning Lift access Intercom secure entry single, secure car space under building Storage cage “IQ Apartments” Built: 2015 EER: 6.0 Residence: 74sqm Balcony:8sqm Car space: 14sqm Storage cage: 3sqm Total: 98sqm Outgoings (approx.): Water: $186.73 pq Council: $476.95 pq Strata: $854.95 pq Land Tax: $570.26 pq DHA: $316.55 per month (13% incl GST of rent – for management and maintenance) WHAT’S NEARBY? All distances and times are approximates Canberra Centre (200+shops & movie theatre):1km (4min) Canberra CBD: 1 km Australian National University (ANU): 1.1km (4min) Ainslie School: 1.3km (3min) Parliament House 4.2km (8min) Canberra Airport 7.3 km Canberra Grammar School 7.2 km LEASE DETAILS: Edition 6C Current weekly rent (2025): $560 PW (rent reviewed each December) Lease end date: Feb 2028 Option: Used Right to Vary available: 1 x up to 12 months Reduction and 1 x up to 12 months Extension (refer to the DHA Lease Agreement) All options and variations are exercised at DHA's discretion DHA LEASE BENEFITS: • DHA guarantee to pay the rent even if the property is vacant. • DHA Property Care, an all-inclusive service fee, covers a range of property related services. • The property is cleaned at the end of each tenancy period. • The lessor may also be entitled to a lease-end make-good (refer to the DHA Lease Agreement 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 learn the benefits of investing in Defence Housing Australia property. Photos are supplied under agreement by DHA and are for illustration purposes only. In accordance with DHA regulations, we advise that this property will only be available for private inspections and to pre-qualified buyers. If you would like to know more about this property please contact Tracee Stuart of Hudson Property, the Defence Specialists.

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