Capital Defence Homes - Connecting Defence Home Investors

Sold
$363,000

BRUCE, ACT – Sold by Capital Defence Homes – June 2017

Apartment
2 bed 1 bath 1 garage

Property Summary

Rent:
$390 per week
Gross Yield:
5.5%
Lease:
5 + 3 years
EER:
6
Land Size:
N/A m²
Floor Area:
(Approx) 71 m²
Constructed:
2010

Property Description

An excellent start or addition to an investment portfolio. Set in an ultra-convenient location in Bruce (adjacent to University of Canberra, Australian Institute of Sports and Calvary Hospital), this modern two bedroom apartment is leased to Defence Housing Australia (DHA) and makes a compelling case for investors.

The Property

This modern and well-designed apartment is set within a quality complex. It features two bedrooms, both with built-in robes. The spacious main bedroom benefits from a private balcony. The bathroom is completed with quality finishes and incorporates the laundry.

There is a large open plan family/meals room adjacent to the kitchen complete with reverse cycle air conditioning. There’s also access to the second private balcony. The kitchen features contemporary colours, dishwasher, electric cooktop and stainless oven.

The two balconies offer elevated views to the surrounding native trees.

An underground secure car space with storage cage complete the picture for this great apartment.

The DHA Lease

The property is being sold subject to an existing Defence Housing Australia (DHA) lease, mid-lease:

  • Lease until February 2022 + 3 year option
  • $390.00 pw rent – reviewed annually
  • Rent guarantees
  • Day to day property management
  • Maintenance and repairs service
  • Make good at the end of lease (including re-painting and replacement of carpet)

Often referred to as the ‘hassle free’ property investment, choosing a DHA leased property is a tried, tested and proven way to invest.

Learn more about investing with DHA lease advantages.

The Location

Established native trees can be found dotted throughout Bruce, a highly desirable suburb within the Belconnen district of Canberra.

Bruce is situated close (8kms) to the Canberra CBD, home to several commonwealth departments, private sector corporations and the Australian National University. Bruce also benefits from a high level of amenity within the suburb. Highlights include University of Canberra, Australian Institute of Sports, Canberra (GIO) Stadium, Radford College and Calvary Hospital.

The property’s address is available upon request and an inspection can be arranged by appointment. Contact us today.

Property Features

  • Set in quality complex
  • DHA lease to February 2022 + 3 year option
  • 2 bedrooms
  • 2 balconies
  • Built in robes
  • Contemporary kitchen with dishwasher
  • Open plan living area
  • Secure underground carpark with storage cage
  • Split system air conditioner to living

Estimated Outgoings

 

Disclaimer: Every effort has been made to ensure the information provided is accurate. Capital Defence Homes and the vendor cannot warrant the accuracy on the information provided and will not accept any liability for loss or damage for any errors or misstatements in the information. All purchasers should rely on their own independent enquiries.

Suburb location

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