This investment-only property is for sale on behalf of a Defence Housing Australia lessor with another 8 years until the Defence Housing Australia lease expires. It cannot be lived in by owners until potentially 2030.

This DHA Mid-lease sale apartment is a city-smart, two bedroom, one bathroom unit in the heart of Canberra's city centre. In a super convenient location with Braddon's vibrant retail and restaurant venues at the doorstep and all the offices and amenities of the City Centre just a stroll away, this is a perfectly positioned investment property.

With all the benefits of a modern, well-planned complex, the apartment is spacious with a contemporary, open plan layout. Entry to the apartment is past a generously-sized kitchen with stone benchtops and an island bench with breakfast bar, overlooking the living and dining areas and large North-East facing balcony that floods the apartment with natural light. The easy indoor/outdoor flow to the balcony is also enjoyed from the main bedroom with built-in wardrobe. Overlooking the complex gardens, the balcony is perfect for outdoor entertaining, plants or a sunny spot for any small pets.

The second bedroom, with built-in wardrobe, could easily be used as a study, home office or media room. The bathroom features a large walk-in shower, floor to ceiling tiling and modern fixtures and fittings and the European-style laundry comes complete with a tumble dryer. Reverse cycle air conditioning keeps the apartment comfortable and there is a secure underground parking space and storage cage, as well as lift and intercom system access to the apartment.

Built in 2015 and within walking distance to Light Rail, bus station, cycle, and main transport routes, and all the amenities of the City Centre. Close to the recreational facilities of Lake Burley Griffin, the Parliamentary Triangle, ANU and National Monuments.

With guaranteed year-round rental payments, whether the apartment is vacant or not, as well as the set and forget provisions a DHA investment property always offers, this is an excellent long term investment opportunity. With the lease potentially extending until 2030, this could be a useful addition to a superannuation fund or future accommodation for a family member going to university.

Once the lease expires the apartment's location makes it ideal for a variety of uses. An ongoing rental property, a Canberra base when visiting, or use as an Airbnb apartment. A safe, secure investment-only opportunity now, a multi-use property in the future.

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.

Features:
-Modern light-filled apartment
-Large NE-facing balcony
-Spacious open plan living areas
-Kitchen with stone benchtops, stainless steel appliances
-Electric cook top & under-bench oven
-Dishwasher, built-in pantry, microwave cavity
-Built-in pantry, plenty of storage options
-Both bedrooms with built-in wardrobes
-Main bedroom with walk-in wardrobe, balcony access
-Neat laundry with clothes dryer
-Reverse Cycle Air Conditioning
-Secure underground car park with lift access
-Storage cage
-Intercom system
-Stroll to Braddon retail and restaurant facilities
-Easy walk to City Centre's amenities, offices, ANU
-Lake Burley Griffin, Parliamentary Triangle

Living: 70m2
Balcony: 8m2
Parking: 14m2
Storage cage: 3m2

Gross Rent: $520 pw
Lease From: 20/04/2017 TO
Lease To: 19/04/2026
Variable Extension Period: 36 Months
Right To Vary: 1 x Up To 12 Months Reduction or Extension
Note: Lease option and Right to Vary are at DHA discretion only

EER: 6
Rates: 1806.07 pa
Land Tax: 2083.93 pa
Strata Fees (admin & sinking funds): $783.20 pq
Built: 2015
(All measurements, amounts and values are approximate and not to be relied upon. Buyers to make their own enquiries.)