Why not purchase this great DHA leased property now and have rent paid a month in advance, giving a 5.0% yield on the offered selling price. You have the option of moving in at the end of the lease or continuing as a rental property until your retirement.
There is no need to worry about lengthy periods of vacant possession as rent is guaranteed and all maintenance is carried out for you.
You also have the security of the property being handed back to you in excellent condition.
This terrific 4 bedroom home is well positioned on the 745m2 block, providing open space around the home and view of Mt Jerrabomberra. It is a short walk to the Halloran Drive Oval, Mt Jerrabomberra and the convenient local shops. It offers a separate lounge room and a combined kitchen, family and dining room with a bay window leading to a wonderful outdoor area to breakfast at sunrise or enjoy a summers evening.
Whether it is an investment, long term family home or future home for those planning ahead, this home deserves your inspection.
Features include
* Covered front porch
* Tiled entry
* Single level family home
* 4 bedrooms plus ensuite
* Open plan kitchen, family and dining area
* Gas cooking, electric oven
* Evaporative cooling and gas ducted heating
* Separate lounge room
* Master bedroom with ensuite and walk in robe
* All other bedrooms have built-in robes
* Separate bath and shower in main bathroom
* Separate toilet
* Linen press in laundry, security screens and doors
* Covered rear pergola off dining area
* Internal access from double lockup garage
House and Land Statistics
* Residence living area 170.85m2
* Garage Area 38.83m2
* Porch 5.5m2
* 745.8m2 easy care level block
* Built 2002 approx.
Defence Housing Australia (DHA) Lease
* Leased until 22/5/2017
* Plus DHA has the right to a 36 month extension of the lease until 22/05/2020
* Plus DHA has the right to extend or reduce the lease by a further 12 months at
their discretion only with 3 months' notice to the lessor
* $600.00 pw rent-reviewed annually
* Rent Guarantees
* Day to day property management
* Maintenance and repairs service
* Make good at the end of lease includes re-painting and replacement of carpet
Estimated Outgoings:
* DHA Property Care service fee 16.5%
* Rates $2761.09 per year
This property is for sale on behalf of a Defence Housing Australia lessor and has a Defence Housing lease in place. Visit dha.gov.au to read about the benefits of investing in a Defence Housing Australia property or contact DHA on 139 342 to discuss owning a Defence Housing Australia property.
The property's address is available upon request and an inspection can be arranged by private appointment.
PRICE: $619,000
VIEW: By appointment only
CALL: Lou Baldan on 0403 604 888
Disclaimer: All purchasers must rely on their own enquiries, as the vendors or their respective agents do not make any warranty as to the accuracy of the information provided above and do not or will not accept any liability for any errors, misstatements or discrepancies in that information. We have diligently and conscientiously undertaken to ensure it is as current and as accurate as possible.