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Investment Property Details

Bedrooms  x 5   Bathrooms  1   Ensuites  x 1   Garaging  x 2  

 
Dining Room
Evaporative Cooling
Family Room
Heating Gas
Lounge Room

Vital Statistics

Block Size: 909.1 m2 (approx)
Unimproved Value: 2011 - $332,000

(UV is for entire block)

Open For Inspection Times

None scheduled at this time.

Past Sales & Property Information

Street Info: Adder Street
Suburb Info: Harrison
Postcode Info: 2914

Taxes

Stamp Duty (Concessional): $30,275
Stamp Duty: $30,275

What's Nearby

Click here for more information about what's nearby to this property.


Distance to nearest Post Office

Mitchell Post Office - 2.0 km

Major Shopping Centre

THE MARKETPLACE - 3.0 km

Hospital

CALVARY PRIVATE HOSPITAL - 8.5 km

Primary School

HARRISON SCHOOL, HARRISON - 1.0 km

High School

BURGMANN ANGLICAN SCHOOL, GUNGAHLIN - 3.7 km

College

Gungahlin College - 3.1 km

University

UNIVERSITY OF CANBERRA, BRUCE - 8.0 km

(approximate straight line distances)

Harrison Profile

Average age: 30 years
Houses: 77.7%
Townhouses: 22.3%
Flats & units: 0.0%
Other: 0.0%
Population: 303
     

Adder Street, Harrison

$670,000

Guaranteed Minimum Weekly Rent of $691 with annual reviews!!

This is not a mis-print – this DHA investment has guaranteed minimal rent of $691 per week with annual reviews until 2020 (with the possibility of a three year option stretching to 2023).  This is an amazing opportunity, as this value of weekly rent is rarely seen, making this a sought-after investment.   What a fantastic opportunity to secure this DHA investment! DHA equals 'peace of mind benefit from a long lease, guaranteed rental income paid monthly in advance, restoration provisions at lease end and other extensive DHA Property Care services'.

Built in 2007, this five bedroom ensuite home is opposite the nature reserve and has many great features.  With two large separate internal living areas including the large formal lounge and dining with French doors as well as the family room/meals area off the kitchen. The kitchen boasts stainless steel appliances with gas cooking, a breakfast bar and corner pantry. The five bedrooms all have built in robes with the master having its own ensuite bathroom. Outdoor living is just as lovely with an elevated covered timber deck perfect for alfresco dining, surrounded by easy care gardens.

Contact Christine Shaw or Laura Newbery to arrange a private viewing appointment.

Features include:
2007 five bedroom ensuite home
Master bedroom with sliding mirror robes and ensuite bathroom
Four other double sized bedrooms all with built-in robes
Large formal lounge and dining room with French doors
Open plan meals and family room
Kitchen with corner pantry and breakfast bar
Stainless steel appliances with range hood and gas cook top
Ducted gas heating & evaporative cooling  
Outdoor covered and elevated timber deck entertaining area
Low maintenance garden with rainwater tank
Double garage with internal access

Living: 203.5m2
Garage: 39.5m2
Alfresco: 19m2
Total: 262m2 (approx)

Gross rental yield of 5.28% (based on sale price of $680,000)
Annual Rent: $35,932 to be reviewed in December 2011
Per Month Rent: $2,994.33 ($691 per week) 
Lease Expiry:  24th June 2020 with a three year option
Rates: $1449pa (approx.)
Land Tax: (payable on rented properties) $3003pa (approx.)
Land Value 2011: $332,000
Land Size: 909 sqm

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Agent Details

Luton Properties Dickson

P: 02 6230 0005
F: 02 6230 5180
E: dickson@luton.com.au

1-2 Dickson Square, Dickson Place Dickson ACT 2602
www.luton.com.au

Canberra Wide Pty Ltd
Licensed Agent & REIACT Member
View all sales listings for this agency

What do I need to purchase this property?

Initial Requirements (assuming sale price of $670,000)

Stamp duty $30,275
Legal fees1 $1,500
Loan application fees2 $655
Minimum deposit (10%)2 $67,000
  Total initial payment:   $99,430

Monthly Repayments (assuming deposit of $67,000 and sale price of $670,000)2

Loan repayments on $603,000 borrowed at 6.95% over 30 years.

(Principal and Interest) Loan Repayment:   $3,992 per month

Notes

  1. 1Legal fees are estimated and will vary from firm to firm.
  2. 2Includes application fee, mortgage legals and valuation for standard residential ACT property. Additional Land Titles Office fees are applicable for the registration and transfer of mortgage. The calculation given above is an example estimate only and may not correspond with what is commercially available.

Listing Age and Views

This listing was first displayed on 13/10/11, last updated on 21/5/12, and has been viewed 8481 times. Please note the counter is not updated immediately.

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