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SOLD

BANKS, 2906 ACT

Sold - Monday 15 February 2021 for $750,000
Bed Icon5 Bedrooms
Bath Icon2 Bathrooms
Car Icon2 Parking
Unimproved value:A$499,000 (2023-2024)Block size:668
Bed Icon5 Bedrooms
Bath Icon2 Bathrooms
Car Icon2 Parking

Cracking Location for a Secure Investment

This property is a solid investment that tick all the right boxes and offers a safe and secure tenant in place with Defence Housing Australia, and would make for a perfect long term investment.

After taking in the fantastic views over the Tuggeranong region, step inside this light filled home with a well thought out floor plan. Offering two separate living areas, and a good-sized kitchen with laminate bench tops, an electric oven, a gas cooktop, & dishwasher.

All the bedrooms are large in size, especially the segregated master bedroom that comfortably fits a king size bed, enjoys a spacious walk-in wardrobe and ensuite. The remaining four bedrooms all have built in cupboards and within close proximity to the family bathroom.

This home offers an outdoor entertaining area, a side courtyard, and a secure back yard with grassed area for children to play is also on offer.

Conveniently located close to main transport routes, Lanyon Marketplace, schools, parks and close proximity to Tharwa Drive. This property presents as a superb investment opportunity and, if you are looking to invest in your future, this could be your family home.

This property is a perfect family home and a solid long-term investment.
Contact Chris Fredericks to arrange a private viewing appointment.


Features include:
- Master bedroom spacious in size, complimented with a walk-in wardrobe and ensuite
- Four remaining bedrooms featuring built-in wardrobes
- Family bathroom with separate toilet
- Generously sized kitchen finished plenty of storage as well as an electric oven, gas cooktop, & dishwasher
- Open plan Formal living/dining
- Family room
- Double garage with remote access
- Covered entertaining area coming off living area
- Ducted reverse cycle heating and cooling
- Low maintenance backyard & side courtyard
- Side gate access
- Views over the Tuggeranong Region


Property Information:
- Construction: 2004
- Block Size: 668m2
- Residence: 195.09m2
- Garage: 38.06m2
- EER: 4.5 Stars
- UV: $308,000
- Rates: $2,362
- Land Tax: $3,097


Gross Rent: $650 per week (with annual review)
Lease Start Date: 18/06/2019
Lease End Date: 17/06/2022
Lease Option: 1 x up to 36 months
Right to Vary: 1 x up to 12 months reduction and 1 x up to 12 months extension
Management Fee: 16.5% (inc GST)

NOTE: Option and Right to Vary are both at DHA discretion
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.

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Information about this House

  • Listed on
  • Last updated
  • Property typeHouse
  • Block33
  • Section53
  • Block size668m² (approx)
  • Land / Dev PurposeSuburban Zone (RZ1)
  • Bedrooms5
  • Bathrooms2
  • Parking spaces2
  • EER4.5
  • Land valueA$499,000 (2023)
  • Stamp dutyA$22,200
* Figures quoted above are approximate values based on available information.

Local Neighbourhood

BANKS, 2906 ACT has 9 schools within 5 kilometres, with the closest being Charles Conder Primary.

SchoolAddress
Charles Conder PrimaryTom Roberts Avenue, Conder Pin Icon
Lanyon HighHeidelberg Street, Conder Pin Icon
St Clare of Assisi PrimaryHeidelberg Street, Conder Pin Icon

About Banks

is located within the suburb of Banks, which has a population of 4,967, a median age of 33 and an average household density of 2.8 people.

  • 4967Population
  • 33Median Age
  • 2.8Avg. Household Size
Median Sale Price

Household Composition

Established Families
Couples
Single Parent Families
Single
Group Household

Dwelling Types

Houses
Apartments
Semi-Detached

Occupancy Types

Owned w/ Mortgage
Owned Outright
Rented Privately

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