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Bed Icon2 Bedrooms
Bath Icon2 Bathrooms
Car Icon1 Parking
Bed Icon2 Bedrooms
Bath Icon2 Bathrooms
Car Icon1 Parking

Gross Yield over 5%* and Best Position

This spacious two bedroom ensuite apartment has one of the best positions in the complex and does not back onto any roads. Located on the third floor, it has excellent balcony views over the main courtyard and entertaining areas. A superbly located investment opportunity.

The apartment has neutral decor and features open plan living with a combined lounge/dining room with study nook opening to a neat kitchen with plenty of cupboard space. A mirrored built-in wardrobe and generous ensuite complete the master bedroom facilities and bedroom two also has a built-in wardrobe. The European-style laundry is located behind bi-fold doors in the generous main bathroom.

A large balcony, accessed from both the living area and main bedroom provides superb views. A secure single allocated car space and huge storage cage complete the picture.

A stroll away from Woden Westfield Mall and town centre, offices, restaurants and licensed clubs, the apartment is close to the bus interchange, college, CIT, Canberra Hospital and main transport routes.

Contact Melissa Martin-Smith or Simon Porter to arrange a private viewing appointment.

Features Include:
-Located on the 3rd floor
-Spacious open plan living/dining
-Generous tiled balcony
-Kitchen with Baumatic cook top, oven
-Stone bench tops, plenty of storage
-Dish-drawer dishwasher
-Under bench microwave nook
-Wine bottle bench feature
-Study nook
-Two bedrooms two bathrooms
-Both bedrooms separated with no shared walls
-Built-in robes to both bedrooms
-Excellent double hanging storage in both bedrooms
-Main and ensuite bathrooms
-European-style laundry
-Daikin reverse cycle a/c
-Single car space
-Huge storage cage

This DHA investment equals "peace of mind" from a long lease, guaranteed rental income paid monthly in advance. The lessor may also be entitled to a lease-end make-good (refer to the DHA Lease Agreement).

Lease start date: 16/06/2006
Lease end date: 15/06/2021
Lease Options: 1 x fixed 36 months - Option Exercised
Right to Vary: 1 x up to 12 months Reduction. Note: The option and right to vary is at DHA's discretion.
Gross Rent $495 per week
Management Fee: 13% includes GST
*Gross Yield 5.26% based on purchase price of $449,500

EER: 4.5
Body Corporate: $1117.88 per quarter
Rates: $1618.79 pa (approx.)
Land Tax: $1828.06 pa (approx.)

Residence living space: 101m2 (approx.)
Garage: 13m2 (approx.)
Balcony: 13m2 (approx.)
Total Residence: 127m2 (approx.)
Storage Cage: 2.4m2 (approx.)

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.

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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Additional Features

  • Checkmark IconGarage

Information about this Apartment

  • Listed on
  • Last updated
  • Property typeApartment
  • Bedrooms2
  • Bathrooms2
  • Parking spaces1
  • EER4.5
  • Stamp dutyA$9,683
* Figures quoted above are approximate values based on available information.

Local Neighbourhood

PHILLIP, 2606 ACT has 40 schools within 5 kilometres, with the closest being Marist College Canberra.

Marist College CanberraMarr Street, Pearce Pin Icon
Canberra CollegeLaunceston Street, Phillip Pin Icon
Canberra Christian SchoolAinsworth Street, Mawson Pin Icon

About Phillip

is located within the suburb of Phillip, which has a population of 2,936, a median age of 32 and an average household density of 1.9 people.

  • 2936Population
  • 32Median Age
  • 1.9Avg. Household Size
Median Sale Price

Household Composition

Established Families
Single Parent Families
Group Household

Dwelling Types


Occupancy Types

Owned w/ Mortgage
Owned Outright
Rented Privately

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Median suburb price of A$378,000 from 2019.

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