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Be ahead of the rest with My Zango


KINGSTON ACT 2604
$595,000

KINGSTON, 2604 ACT

Bed Icon3 Bedrooms
Bath Icon2 Bathrooms
Car Icon2 Parking
Unimproved value:A$14,118,000
Bed Icon3 Bedrooms
Bath Icon2 Bathrooms
Car Icon2 Parking

It's all about Location

Owning a DHA investment property is one of the most secure investments you can have. Thanks to guaranteed rent throughout the lease term, whether the property is tenanted or not, and the long-term leases, much of the worry and stress of being an investment property owner is removed. Not only is a DHA investment property a solid base to build your property portfolio on, it really is an 'as 'safe as houses' investment.

Currently available is this investment property located in the always popular suburb of Kingston in a leafy tree lined and only a short walk to some of Canberra's best restaurants, cafes, the Canberra Glassworks, the Bus Depot Markets and the atmosphere that draws tenants to the area from far and wide.
This exciting investment opportunity offers a top floor three-bedroom two bathroom apartment located over two levels with approximately 115m2 of living space.

On the first level of the apartment there is a large living room that flows out to a private balcony along with a functional kitchen, separate dining and master suite, ensuite and built in robes. The upstairs level offers two good sized bedrooms with built in robes and a main bathroom with separate toilet. There is also a laundry and extra storage space on this level.

The property also offers two allocated car spaces and storage in the basement.
The 'Somerset' complex offers established gardens, swimming pool and a fully equipped gymnasium that offers exclusivity to residents. In an excellent location this property is a set and forget investment too good to miss.

DHA Lease: 23/12/2018 to 22/12/2021
Lease Options: 1 x up to 36 months
Right to Vary: 1 x up to 12 months Reduction and 1 x up to 12 months Extension
Note: Lease option and Right to Vary are at DHA discretion only
Gross rent: $585 per week
DHA Management Fee: 13% inc GST includes all normal maintenance

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

Features:
• 3 bedrooms
• 2 bathrooms
• Master bedroom offers ensuite
• Approximately 115m2 of internal living space
• Approximately 9m2 of balcony
• Top floor location
• 2 level apartment
• Reverse-cycle heating and cooling
• 2 secure basement car spaces
• Swimming pool, BBQ and gymnasium in complex
• Easy walk to all of the lifestyle benefits of living in Kingston
• Age of building approximately 26 years old
• Total Living: 115m² approx.

Facts:
•Strata: $1075 p.q. approx.
•Rates: $2764.27 p.a. approx.
•Land Tax: $3503.05 p.a. approx.
•EER: 1

In response to some of the Covid-19 restrictions being lifted, Luton Properties can allow up to 20 attendees inside an open home at any one time. As a result of this, there may be a slight wait to enter our properties and we ask attendees to be prepared for this and factor this into your open home schedule. We would ask that only essential people come with you to open homes to limit large groups.

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Inspections

No inspections are currently scheduled.

Additional Features

  • Checkmark IconGarage

Information about this Apartment

  • Listed on
  • Last updated
  • Property typeApartment
  • Bedrooms3
  • Bathrooms2
  • Parking spaces2
  • EER1.0
  • Land valueA$14,118,000
  • Stamp dutyA$15,504
* Figures quoted above are approximate values based on available information.

Land Value History

The land value history at KINGSTON, 2604 ACT has has not changed recently, having an unimproved land value of $14,118,000.

The Territory Data is the property of the Australian Capital Territory.

Local Neighbourhood

KINGSTON, 2604 ACT has 25 schools within 5 kilometres, with the closest being St Edmund's College.

SchoolAddress
St Edmund's CollegeCanberra Avenue, Griffith Pin Icon
Telopea Park SchoolNew South Wales Crescent, Barton Pin Icon
St Clare's CollegeMcMillan Crescent, Griffith Pin Icon

About Kingston

is located within the suburb of Kingston, which has a population of 4,424, a median age of 33 and an average household density of 1.8 people.

  • 4424Population
  • 33Median Age
  • 1.8Avg. 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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