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Be ahead of the rest with My Zango



Sold - Friday 11 September 2020 for $845,000
Bed Icon5 Bedrooms
Bath Icon2 Bathrooms
Car Icon2 Parking
Unimproved value:A$526,000 (2020)
Bed Icon5 Bedrooms
Bath Icon2 Bathrooms
Car Icon2 Parking

dha.majura rise - great opportunity!


Opportunity knocks with this expansive five-bedroom ensuite home set in the family-friendly 'Majura Rise' precinct where you will find kids playing in the streets and annual get-togethers amongst the locals.

Currently in the DHA housing investment scheme with a current weekly rent of $743 approx. per week. DHA investment homes are well known for offering solid returns. The lease is due at the end of
2021 (with possible further options available at DHA's discretion). The lessor may also be entitled to a lease-end make-good (refer to the DHA Lease Agreement). With approximately 196.3m2 of living there is plenty of room to move with a mixture of terrific formal and informal living areas that include a lovely combined lounge and dining room and a spacious family/meals area joining the excellent kitchen that boasts gas cooking and excellent storage.

Other excellent additions include ducted gas heating, evaporative cooling, built-in robes to all of the generous sized bedrooms with an ensuite and walk-in robe to the master bedroom. Outdoors has a lovely undercover entertaining area where alfresco dining and barbecues can be enjoyed at your leisure. Complete with a huge double garage that boasts internal access and auto door, making life easy.

Majura Rise is conveniently located within an easy walk of Mount Majura nature reserve, the off-leash dog area, Majura Rise pond, the fabulous local Watson shopping centre, popular cafes, a great choice of schools, the Australian Catholic University, EPIC, Farmers Markets and public transport, including the very popular light rail. An easy drive will take you to the Dickson shopping precinct, the CBD, sporting facilities and Universities.


.fabulous large single level five-bedroom ensuite home set in family-friendly 'Majura Rise'
.currently in the DHA investment scheme with a weekly rent of $743 approx.
.196.3m2 (approx.) of living with a 51.50m2 (approx.) garage
.light and airy with a great floor plan
.expansive living areas
.excellent kitchen abundant storage, gas cooktop and plenty of bench space
.built-in robes to all the generous sized bedrooms
.segregated master bedroom with an ensuite and walk-in robe
ducted gas heating and evaporative cooling
.fabulous covered outdoor entertaining area
.extra large double garage with internal access, storage area and auto door
.walk to Mount Majura plus the Majura pond and off-leash dog area
.very close to the farmers market held at Epic each Saturday morning
.easy walk to a great choice of schools, the Catholic University, local shops, restaurants and cafes
.within close proximity to public transport and an easy walk to the popular light rail
.minutes from the CBD, Universities and sporting facilities

EER: 3.5
Land value: $496,000
Land Size: 535m2 (approx.)
Rates: $3,263 (approx.) per annum
Land Tax: $5,150 (approx.) per annum
Lease Start Date: 21/12/2006
Lease End Date: 20/12/2021
Lease Option: 2 x up to 36 months
The lessor may also be entitled to a lease-end make-good (refer to the DHA Lease Agreement)
The Option and Right to Vary is at DHA's discretion only
Weekly Rent: $743 approx. per week with annual increases
DHA Management Fee: 16.50% inclusive of GST

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.

Due to current government guidelines all public open homes have been cancelled, please contact Jenny on 0409 300 065 or Michael on 0419 688 034 to arrange an alternative viewing option.

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Additional Features

  • Checkmark IconGarage

Information about this House

  • Last updated
  • Property typeHouse
  • Bedrooms5
  • Bathrooms2
  • Parking spaces2
  • EER3.5
  • Land valueA$526,000 (2020)
  • Stamp dutyA$29,811
* Figures quoted above are approximate values based on available information.

Land Value History

The land value history at WATSON, 2602 ACT has the most recent growth rate of 5.70%, giving an unimproved land value of $526,000.

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

Local Neighbourhood

WATSON, 2602 ACT has 28 schools within 5 kilometres, with the closest being Majura Primary.

Majura PrimaryKnox Street, Watson Pin Icon
Rosary PrimaryFleming Street, Watson Pin Icon
Alternative Education Program/Dickson CollegePhillip Avenue, Dickson Pin Icon

About Watson

is located within the suburb of Watson, which has a population of 5,862, a median age of 34 and an average household density of 2.4 people.

  • 5862Population
  • 34Median Age
  • 2.4Avg. Household Size
Median Sale Price

Household Composition

Established Families
Single Parent Families
Group Household

Dwelling Types

Not Stated

Occupancy Types

Owned w/ Mortgage
Owned Outright
Rented Privately

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Median suburb price of A$559,900 from 2021.

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