Capital Defence Homes - Connecting Defence Home Investors

Sold
$560,000

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

House
4 bed 2 bath 2 garage

Property Summary

Rent:
$560 per week
Gross Yield:
5.2%
Lease:
2 + 3 years
EER:
N/A
Land Size:
(Approx) 667 m²
Floor Area:
(Approx) 240 m²
Constructed:
2004

Property Description

Looking for a solid DHA investment? Located in a quiet, cul-de-sac in one of Queanbeyan’s newer estates (adjacent to Canberra’s eastern border), this terrific double storey four bedroom investment property leased to Defence Housing Australia (DHA) is one not to miss.

The Property

The property features four bedrooms, all with built-in robes. The large main features an ensuite bathroom and a large terrace with rural views. There are two large living 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 heating and cooling keep residents in comfort all year round. There’s also double garaging serviced by two single doors with drive through access to the rear yard.

Outside there’s an inviting undercover entertainment area to entertain friends/family and a landscaped block with established gardens. At the front of the house you’ll also find additional off street parking.

The DHA Lease

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

  • Lease until July 2018 plus 3 year option
  • $560.00 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

It’s a short four minute walk to reach the Child Care Centre just around the corner. 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 will grow to around 70,000 by 2031. Queanbeyan’s businesses 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. Contact us today.

Property Features

  • DHA lease to July 2018 plus 3 year option
  • Double storey
  • 4 bedrooms
  • Main with ensuite
  • Built in robes
  • 3rd toilet
  • Double lock up garage
  • Additional off street parking
  • Ducted heating and cooling

Estimated Outgoings

  • DHA ‘Property Care’ service fee 16.5% – read about/compare the fee here.
  • Rates $594.25 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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