Capital Defence Homes - Connecting Defence Home Investors

Sold
$515,000

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

House
4 bed 2 bath 2 garage

Property Summary

Rent:
$535 per week
Gross Yield:
5.4%
Lease:
4 years
EER:
N/A
Land Size:
(Approx) 603 m²
Floor Area:
(Approx) 165 m²
Constructed:
2004

Property Description

Investors be quick! Set in one of Queanbeyan’s newer estates (adjacent to Canberra’s eastern border) this excellent four bedroom investment property leased to Defence Housing Australia (DHA) ticks all the right boxes.

The Property

The property features four bedrooms, all with built-in robes with the exception of the comfortably sized main which benefits from a walk-in wardrobe plus an ensuite bathroom. There are two large livings areas with a formal lounge/dining room to the front of the house and a family/meals room adjacent to the kitchen. The kitchen features a gas cooktop, stainless steel appliances and oven tower. Ducted gas heating and evaporative cooling keep residents comfortable year round.

Outside you’ll find an inviting undercover entertainment area for those summer barbeques and a near flat easy care block with established gardens.

The DHA Lease

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

  • Lease until May 2020
  • $535.00 pw rent – reviewed annually
  • Rent guarantees
  • Day to day property management
  • Maintenance and repairs service
  • Make good at the end of lease (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 four 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 and Queanbeyan Leagues Club). 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.

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

Property Features

  • DHA lease to May 2020
  • 4 bedrooms
  • Main with ensuite and WIR
  • Built in robes
  • Seperate living areas
  • Double lock up garage
  • Undercover entertaining area
  • Ducted heating & cooling

Estimated Outgoings

  • DHA ‘Property Care’ service fee 16.5% – read about/compare the fee here.
  • Rates $594.00 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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