Capital Defence Homes - Connecting Defence Home Investors

Sold
$459,900

QUEANBEYAN WEST, NSW – Sold by Capital Defence Homes – July 2016

House
4 bed 2 bath 2 garage

Property Summary

Rent:
$450 per week
Gross Yield:
5.1%
Lease:
5 + 3 years
EER:
N/A
Land Size:
N/A m²
Floor Area:
(Approx) 180 m²
Constructed:
1992

Property Description

Is this the best value investment in the Canberra region? Investors will need to be quick! Set in a convenient location in Queanbeyan’s West (adjacent to Canberra’s eastern border) this excellent four bedroom investment property with Defence Housing Australia (DHA) lease will not last long.

The Property

This well maintained property features four bedrooms, all with built-in robes and the comfortably sized main bedroom benefits from an ensuite bathroom. There are two good sized livings areas with a separate lounge room plus an open plan family/dining room adjacent to the kitchen. The kitchen features a gas cooktop, island bench and ample bench/storage space. Ducted gas heating and evaporative cooling keep residents comfortable year round despite the season. A secure double garage completes the package.

Outside you’ll find a covered timber deck overlooking a fully fenced, private, easy-care yard with established gardens.

The DHA Lease

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

  • Lease until April 2021 + 3 year option
  • $450.00 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)

Learn more about investing with DHA advantages here.

The Location

The property is situated conveniently on a bus route and is only a short two minute walk to a Child Care Centre. 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

  • DHA lease to April 2021 + 3 year option
  • 4 bedrooms
  • Main with ensuite
  • Built in robes
  • Separate living areas
  • Double lock up garage
  • Covered timber deck
  • Ducted heating & cooling

Estimated Outgoings

  • DHA ‘Property Care’ service fee 13% (Learn about/compare the fee here)
  • Rates $549.67 per quarter (Approx.)
  • Strata levies $376.14 per quarter (Approx.)

 

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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