Gross yield of 5.3%.

This is what you will get if you buy this fantastic property that has a DHA lease attached to it.

With a long lease in place until 2022, you will receive rent without fail every month even when the home is vacant; the security of a DHA leased property negates any concerns you may have with any vacancy period. You will never have to worry about covering lost income through any vacancy period. The current rent received is $605.00 per week which is paid every month. DHA does also carry out a rental evaluation every December so this figure may also increase again next year. As a part of their management fee, general home maintenance is carried out by DHA so it really is a set and forget investment until the end of the lease.

The home itself is a mix of formal and informal living with a spacious lounge room on your right as you enter the home and a combined family meals area that lies off the kitchen.

The kitchen is a great size and has plenty of bench /storage space, stainless steel appliances, gas cooking and a breakfast bar.

All of the bedrooms have built in wardrobes, are a fantastic size and away from the living space while the main bedroom has its own bathroom and a large walk in wardrobe.

One of the standout features of the home is the size of the backyard. It is unusual to find this amount of space in the backyard of the newer areas and this is a definite plus of the home and something that will aid future capital growth for the home.

Other notable features include a double garage with remote and internal access, ducted gas heating, ducted cooling and a large covered entertaining area.

The home is located only a short drive away from lamington Road which links up to Northbourne Ave which makes access into the City much and the Gungahlin town centre is only a 5 minute drive away. Quality schools are only a walk away.

Features:

Gross yield of 5.3%
DHA lease at $605 per week until 2022 with a 3 year option by DHA
4 bedrooms with ensuite
Great size block with plenty of open space in the backyard
Double garage with internal and remote access
Formal an informal living
Ducted gas heating and cooling
Great kitchen with plenty of bench space and storage
Gas cooking

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