Googong, NSW 2620



Sold at: 27-04-2022

DHA Guaranteed Rent And Then Retire in Googong

DHA Lease: 22/01/2018 to 21/01/2024
Lease Option: 1 x up to 3 years - which could mean a 21/01/2027 end of the lease
Lease Option is at DHA discretion only
Management Fee: 16.5% inc. GST
Rent: $680 per week with annual reviews

On-Line Auction: Wednesday 27th April at 1pm
All bidders to be pre-registered by Tuesday 26th April.
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 only available to qualified buyers.

For the savvy investor, there is no better location than Googong to invest for your portfolio and for your future. The prices since the area was launched less than 10 years ago have proven to show fantastic capital growth – and all this only 5km down the road from Jerrabomberra.

The initial master-planned township of Googong covers 780 hectares of former grazing land and will take around 20 years to complete. Around 18,000 people - living in approximately 6,200 dwellings - will one day call Googong home. The Googong master plan creates 5 distinct but connected neighbourhoods, and each neighbourhood will have its own character while still being linked to the wider township - with the hub of activity centred around The Clubhouse.

For the investors not living in our region, the locals call themselves "Googonians". Their Ministry of Health recommends exercise and outdoor activities, as over 23% of the Googong area is dedicated to open space and high-quality landscaping. In developing the parklands, revegetating areas is a focus with native species, and endangered native grasslands will be protected, along with habitats for the local animal and bird life.

The township of Googong is quite separate from the Googong Dam and its Foreshores. No development will take place within, or in an area visible from, the Foreshores area. The picturesque site is characterised by gently undulating slopes and plans, and dominated by the dramatic mountain backdrop of the Molonglo Ranges.

This three bedroom ensuite home offers two living areas – as a smart investor or future owner/occupier might see one of these living areas as a perfect future Bedroom 4. The home has neutral tones throughout, with white shutters and crimsafe screens. The kitchen has stone benchtops and a good sized pantry, and both bathrooms have tiles to the ceiling. All three bedrooms are separated from each other, and there is minimal lost hallway space in this brilliant floorplan. The flexibility of adding bedroom 4 after the DHA lease is easy if you wish to convert the front living area. The master bedroom has a walk-in-robe and can easily fit a king-sized bedroom, and the other two bedrooms have built-in-robes. Everything an investor could want !

Features include:
• Constructed in 2016/2017 – HIA "Greensmart" certified
• Entry porch, with exposed brick facade
• Feature timber entrance door
• Crimsafe screens on all windows/doors
• Separate formal lounge
• Quality kitchen under bench electric oven and gas cooktop
• Stone benchtops plus microwave hutch
• Open plan family and dining area adjacent to the kitchen
• No shared walls for the three bedrooms
• Master bedroom with ensuite and walk-in robe
• Two additional bedrooms fitted with built-in robes
• Bathroom with separate shower and bath
• Separate laundry room
• Ducted heating and evaporative cooling
• White plantation shutters as window treatments throughout
• Covered alfresco area
with open/close Luvertech roofing for all times of the year
• Low maintenance gardens with rock retaining walls
• Side gate access with 2000 litre rainwater tank
• Storage shed in the backyard
• Double garage with internal access

Club Googong offers a five lane 25m heated pool and an outdoor splash deck for smaller children. There is a gym, as well as tennis courts, children's playgrounds, amphitheatre, barbeque areas and broadwalks - all just a short walk from these investment properties. As well, there will be two neighbourhood community centres, an indoor sports centre, and recreational facilities including 7 sports fields, 6 netball courts and 13 local parks.

For investors, you will be able to discuss future lease options with DHA in 2026. For those looking to live in Googong, with guaranteed rent, talk to your accountant about the rent payments helping to reduce your mortgage before you move in during 2027. A DHA lease provides a guaranteed rental income - there are no vacancy periods - and your rent is paid monthly and in advance. This DHA investment equals "peace of mind" from a long lease and restoration provisions at lease end and other extensive DHA Property Care Services. This property is for sale on behalf of a Defence Housing Australia lessor and has a Defence Housing Australia lease in place. Visit website to read about the benefits of investing in Defence Housing Australia property.

Land Size: 403m2
Land Rates: $3,129.23 pa
Land Value: $273,000

Living: 123.42m2
Porch: 8.6m2
Al Fresco: 12.6m2
Garage: 37.21m2
Total Residence: 181.83m2

Note: All measurements and figures are approximate.

Key details

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