$695,000

Queanbeyan West, NSW 2620

422

Guaranteed Rent - And Then Move In

DHA Lease: 27/02/2009 to 26/02/2024
Lease Option: Relinquished
Right to Vary Available: 1 x up to 12 months Reduction and 1 x up to 12 months Extension
Right to Vary is at DHA discretion only
Management Fee: 14% inc. GST
Rent: $640 per week with annual reviews

More photos are available when you enquire.

Imagine moving in with fresh painting and new carpet and all the DHA restoration provisions at the end of the lease.

Having trouble getting into the market? You now have a brilliant opportunity to buy an investment now, and moving in less than two years away.

This well-maintained Defence Housing Australia (DHA) leased property offers two good-sized livings areas with a separate lounge room plus an open plan family/dining room adjacent to the kitchen. The master bedroom, with ensuite bathroom, has built-in robes and is segregated from the other three bedrooms, which also have built-in robes. The kitchen features a gas cooktop and an island bench. Ducted gas heating and evaporative cooling keep residents comfortable all year, despite the season. Outside you'll find a covered timber deck overlooking a fully fenced, private, easy-care yard with established gardens. A secure double garage completes the package.

With guaranteed rent until February 2024, talk to your accountant about the rent payments helping to reduce your mortgage before you move in. A DHA lease provides a guaranteed rental income - there are no vacancy periods - and your rent is paid monthly and in advance. An added benefit of having a DHA investment is that DHA are renowned for their excellent "end of lease" make-good provisions. Rent is also reviewed annually and there are generous restoration provisions at the end of the lease.

For investors, renting to the private market after the DHA lease, or contacting DHA to enquire about another lease are both excellent options. (Note - discussions about an additional DHA lease can only occur within a 6-9 month period before the end of the lease, not as part of this sale campaign.)

The location is in a highly sought-after area, just minutes' walk from shops, reserves and parks. Private and public schools and excellent transport options are close by.

Features:
Living room plus separate family room, plus outdoor deck
Freestanding four bedroom ensuite home
Private and low-maintenance home
Built-in robes in all bedrooms
Segregated master bedroom with ensuite bathroom
Bath and shower in main bathroom plus separate toilet
Large windows for leafy views and natural light
Kitchen with gas cooking with island benchtop
Separate laundry
Ducted heating and evaporative cooling
Fully fenced and private backyard
Detached double garage
Close to public and private schools
Located near shops, reserves and parks

Living Area: 150m2
Garage: 40m2
Land Rates: $2473.70 pa
Land Size: 543m2
Body Corporate: $2065.48 pa


All figures and measurements are approximate only.

This property is for sale on behalf of a Defence Housing Australia lessor and has a Defence Housing Australia lease in place. Visit dha.gov.au to read about the benefits of investing in Defence Housing Australia property.

As per DHA guidelines, address will only be available once you are qualified by the agent.
Invitation-only viewing times will only be advised to qualified buyers and will not appear on any web portals.
Contract with building report is available to qualified buyers.

Key details

  • Property Type House
  • Date Listed 31-03-2022