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(no Street Name Provided)
Coombs ACT 2611
(Under Offer)



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DHA Investment With Fantastic Gross Yield

Investors understand getting in at the ground level of an opportunity is always best. As a new suburb in the Molonglo District, Coombs offers a brilliant location, only 15 minutes to Parliament House and the restaurant and shopping precincts of Yarralumla, Kingston and Manuka and 20 minutes to Canberra's CBD.

This two storey three bedroom plus ensuite home is architecturally designed, with a well-planned quality kitchen with stone bench tops and stainless steel appliances. The home has a double lock up garage, and is fitted with solar hot water system. For year round comfort, there is ducted reverse cycle air conditioning on both levels.

For investors, it is important to know your suburb will be attractive to tenants, and the suburb of Coombs has a great reputation for the residents utilising the running, walking and cycling tracks nearby at Mt Stromlo and along the Molonglo River. The parklands, ovals, shops and schools and a child-care centre are all within walking distance.

Features include:

- Excellent northerly orientation for living
- Solar hot water installed
- Open plan family and dining adjacent to the kitchen
- Kitchen with stone benchtops and breakfast bar
- Quality stainless steel appliances
- Powder room and laundry room
- Master bedroom with ensuite and walk-in robe
- Two additional bedrooms fitted with built-in robes
- Ducted reverse cycle air conditioning
- Covered alfresco area
- Low maintenance gardens
- Double garage

Living: 113.96 m2(approx.)
Pergola: 10.26 m2 (approx.)
Porch: 8.19 m2 (approx.)
Garage: 39.23 m2 (approx.)
Total Residence: 171.64 m2 (approx.)

Land Size: 199m2 (approx.)
General Rates: $1454 pa (approx.)
WS&S Rates: $631 pa (approx.)
Land Tax: $452 pq (approx.)
Land Value: $188,000 (approx.)

Two Storey End Row Townhouse $545,000 with Gross Yield of 5.05%
EER: 4 and 4.5
Community Title: $429.32 pa
Two Storey Middle Row Townhouse $535,000 with Gross Yield of 5.15%
EER: 6
Community Title: $357.76 pa

These DHA investments equals "peace of mind" from a long lease, guaranteed rental income paid monthly in advance, restoration provisions at lease end and other extensive DHA Property Care Services.

Lease Term: 12 + 3 years (Option to be exercised at the discretion of DHA)
Gross Rent: $530 per week with annual reviews
Management Fee: 16.5% inc.GST

*Calculated on sale price of $535,000 and $545,000

Note: The rent will never fall below $530 per week during the life of the lease.

This property is for sale on behalf of Defence Housing Australia and will have a Defence Housing Australia lease in place. Refer to DHA website for lease terms and conditions (dha.gov.au)

* An acceptable offer has been made but contracts have not yet exchanged.

3 2 2
Property Type: Townhouse
Block Size: 200.0 m2 (approx)

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Past Sales & Property Information

Vital Statistics

Block Size: 200.0 m2 (approx)
EER: 4.0
Stamp Duty: $15,710

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Median Sale Price For Coombs


Coombs Profile

The average age in Coombs is 32 years and it has a population of 490.


What's Nearby

Name Type Distance
Cooleman Court Post Office Post Office 3.2 km
Cooleman Court Major Shopping Centre 3.2 km
The Canberra Hospital Hospital 6.6 km
Duffy Primary Primary School 2.1 km
Stromlo High High School 4.6 km
Royal College Of Nursing College 5.1 km
Australian National University University 8.2 km
Click here for more information about what's nearby to this property (approximate straight line distances).

Listing Age and Views

This listing was first displayed on 19/9/16, last updated on 21/9/16, and has been viewed 238 times. Please note the counter is not updated immediately.
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