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Investment Property Details

Bedrooms  x 4   Bathrooms  2   Garaging  x 2  

Central Gas Heating
Evaporative Cooling
Walk In Robe

Open For Inspection Times

None scheduled at this time.

Past Sales & Property Information

Street Info: Mccrae Street
Suburb Info: Queanbeyan West
Postcode Info: 2620

Taxes

Stamp Duty: $18,395

What's Nearby

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


Distance to nearest Post Office

KARABAR LICENSED POST OFFICE - 2.6 km

Major Shopping Centre

JERRABOMBERRA SHOPS, JERRABOMBERRA - 2.2 km

Hospital

QUEANBEYAN DISTRICT HOSPITAL & HEALTH SERVICE - 3.0 km

Primary School

QUEANBEYAN WEST PUBLIC SCHOOL, QUEANBEYAN - 1.7 km

High School

KARABAR HIGH SCHOOL, QUEANBEYAN - 1.8 km

College

NARRABUNDAH COLLEGE - 6.1 km

University

AUSTRALIAN NATIONAL UNIVERSITY - 12.1 km

(approximate straight line distances)

Queanbeyan West Profile

Average age: 36 years
Houses: 62.1%
Townhouses: 9.6%
Flats & units: 27.5%
Other: 0.8%
Population: 7,313
     

Mccrae Street, Queanbeyan West

$509,000

Sold with the help of allhomes

FABULOUS, STRESS-FREE INVESTMENT!

Located amongst other quality homes in a popular area, this appealing 4 bedroom ensuite home would certainly make an ideal investment for the astute purchaser.

Enjoy the many benefits of owning a property leased by the Defence Housing Authority. This fabulous stress-free investment has a secure Defence Housing Authority Lease in place until May 2017 (plus an additional 3 year DHA option).

A DHA lease provides a guaranteed rental income - there are no vacancy periods - and your rent is paid monthly and in advance (currently $540 per week). Rent is also reviewed annually and there are generous restoration provisions at the end of the lease.

With some of the many features of this very appealing property comprising separate formal and informal living areas; a centrally located kitchen with generous cupboard and bench space; a spacious family room/meals area, master bedroom with walk-in wardrobe and ensuite, built-in wardrobes in all other bedrooms; ducted heating and cooling; a relaxing outdoor entertaining area and an enclosed private courtyard; a double garage; plus a lovely established garden, you will no doubt appreciate the value on offer here.

Thinking ahead, you can also purchase this property as an investment now with a view to moving in yourself at the end of the lease.

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Agent Details

Ray White Queanbeyan/Jerrabomberra

P: 02 6299 4333
F: 02 6299 2764
E: queanbeyan@rwqueanbeyan.com.au

2 Monaro Street Queanbeyan NSW 2620
www.rwqueanbeyan.com.au

Queanbeyan Property Group Pty Ltd
Licensed Agent
View all sales listings for this agency

What do I need to purchase this property?

Initial Requirements (assuming sale price of $509,000)

Stamp duty $18,395
Legal fees1 $1,500
Loan application fees2 $655
Minimum deposit (10%)2 $50,900
  Total initial payment:   $71,450

Monthly Repayments (assuming deposit of $50,900 and sale price of $509,000)2

Loan repayments on $458,100 borrowed at 6.95% over 30 years.

(Principal and Interest) Loan Repayment:   $3,032 per month

Notes

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 19/8/11, last updated on 21/5/12, and has been viewed 9630 times. Please note the counter is not updated immediately.

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