Please Note: 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.
If you're looking to add an almost new, superbly located unit to your investment portfolio then consider this light-filled one bedroom plus study, one bathroom apartment.
Located on the first floor of a quality complex, the apartment offers open plan living. Incorporating a modern kitchen with stainless steel appliances, high gloss finish storage cupboards, plenty of bench space and a dishwasher, the living area opens to a balcony overlooking the rear gardens.
The study is a designated area, separate from the living room and the bedroom has a built-in wardrobe. An adjacent contemporary bathroom incorporates the laundry facilities. Secure basement parking includes a storage cage.
Situated in the Parliamentary Triangle, this is a set and forget opportunity. With a weekly rent of $460 per week and a gross rental yield of approximately 5.3%, this is as safe and rewarding an investment as you are likely to find in these uncertain times.
In a prime position, with easy access to the City and close to Parliament House, Kingston and Manuka's buzzing night life, this apartment would be a wonderful live-in option when the DHA lease expires.
Contact the agent for further information and to arrange a viewing.
In response to the restrictions that have been put in place surrounding the Covid-19 outbreak, Luton Properties will be taking buyers through homes by prior appointment only and on an individual basis. If you would like to arrange a time to look through this home, please contact the Agent.
DHA Lease Details: Lease start date: 12/11/2013 Lease end date: 11/11/2022 Lease option: Used Right to vary: 1 x up to 12 months Reduction & 1 x up to 12 months Extension Note: The Option and Right to Vary are at DHA's discretion. Rent: $460 per week with annual review
Features Include: -Light-filled living room -Reverse Cycle Air Conditioner -Designated Study area -Modern kitchen with quality fixtures -Stainless steel appliances, dishwasher -Electric wall oven, gas cook top -Spacious bedroom with built-in robe -Bathroom with large shower & Laundry -Balcony overlooking rear gardens -Lift -Secure basement parking -Storage cage -Living: 50m2 -Balcony: 8m2 -Parking: 14m2 -Storage: 2m2 -35 apartments in complex
-Body Corp Fees (Admin & Sinking Funds): $3606 pa -Rates: $1519.84 pa -Land Tax: $1750.66 pa - EER: 6.0 -Built: 2012 (Please note: All measurements and amounts are approximate.)
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.