Capital Defence Homes - Connecting Defence Home Investors

Sold
$449,900

QUEANBEYAN WEST, NSW – Sold by Capital Defence Homes – February 2017

Townhouse
3 bed 2 bath 2 garage

Property Summary

Rent:
$485 per week
Gross Yield:
5.6%
Lease:
1 + 3 years
EER:
N/A
Land Size:
N/A m²
Floor Area:
(Approx) 181 m²
Constructed:
2004

Property Description

This could be the ideal start or addition to an investment portfolio. Set in a quiet and convenient location with a pleasant rural outlook in Queanbeyan West (adjacent to Canberra’s eastern border), this modern three bedroom , two bathroom, double garage townhouse is leased to Defence Housing Australia (DHA) and makes a strong case for investors.

The Property

This modern and well designed townhouse is set within a high quality and tightly held complex of seven.

Upstairs features three bedrooms, all with built-in robes. The spacious main bedroom benefits from an ensuite bathroom, walk in robe and rural views from the balcony. The main bathroom is complete with a bathtub and quality finishes.

Downstairs there are two comfortably sized separate livings areas. A large lounge room next to the formal entry, plus an open plan family/meals room adjacent to the kitchen. The kitchen features contemporary colours, gas cooktop, oven with separate grill, corner pantry and oven tower. The large laundry is combined with a third toilet and vanity unit.

Ducted gas heating and evaporative cooling keep residents comfortable year round. A large and secure double garage with remote access completes the package.

Outside you’ll find two courtyards, front and rear, easy-care gardens and a covered outdoor entertainment area perfect for summer barbeques.

The DHA Lease

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

  • Lease until February 2018 + 3 year option
  • $485.00 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

Investors will note that Queanbeyan West consistently ranks as one of the most affordable suburbs in the ACT region. Where there is affordability, there’s room for prices to grow.

The property features a lovely rural outlook plus there’s a park and childrens play area just across the road. Conveniently, there’s a bus stop only 150 metres away and a modern Child Care Centre just next door to the complex. Within four kilometres you’ll find five schools (three primary plus two high schools), Bicentennial Park recreation reserve, Queanbeyan Racetrack and the Queanbeyan CBD (restaurants, cafes, supermarkets, specialty stores, Riverside Plaza Shopping Centre and Queanbeyan Leagues Club). Two of Canberra’s major employment hubs, the Parliamentary Triangle and Civic Centre are a short thirteen kilometre and fifteen kilometre drive.

Queanbeyan has a population of around 42,000 residents but has the economic, infrastructure and lifestyle benefits of being ten kilometres from Canberra’s 330,000 plus residents. The Queanbeyan Council estimates the population of Queanbeyan will grow to around 70,000 by 2031. Queanbeyan’s business sector and residents have the advantage of easy access to the award winning Canberra International Airport which is only a fifteen minute drive.

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

Property Features

  • Set in quality complex of 7
  • DHA lease to February 2018 + 3 year option
  • 3 bedrooms
  • Main with ensuite & walk in robe
  • Built in robes
  • Separate living areas
  • Double secure remote garage
  • Covered entertainment area
  • Ducted heating & cooling

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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