(no street name provided),Phillip ACT 2606

Investment Property221
Block size: 8023 m² approx.

Gross Yield over 5%* and Best Position

This spacious two bedroom ensuite apartment has one of the best positions in the complex and does not back onto any roads. Located on the third floor, it has excellent balcony views over the main courtyard and entertaining areas. A superbly located investment opportunity.

The apartment has neutral decor and features open plan living with a combined lounge/dining room with study nook opening to a neat kitchen with plenty of cupboard space. A mirrored built-in wardrobe and generous ensuite complete the master bedroom facilities and bedroom two also has a built-in wardrobe. The European-style laundry is located behind bi-fold doors in the generous main bathroom.

A large balcony, accessed from both the living area and main bedroom provides superb views. A secure single allocated car space and huge storage cage complete the picture.

A stroll away from Woden Westfield Mall and town centre, offices, restaurants and licensed clubs, the apartment is close to the bus interchange, college, CIT, Canberra Hospital and main transport routes.
Viewings by private appointment only.

Features Include:
-Located on the 3rd floor
-Spacious open plan living/dining
-Generous tiled balcony
-Kitchen with Baumatic cook top, oven
-Stone bench tops, plenty of storage
-Dish-drawer dishwasher
-Under bench microwave nook
-Wine bottle bench feature
-Study nook
-Two bedrooms two bathrooms
-Both bedrooms separated with no shared walls
-Built-in robes to both bedrooms
-Excellent double hanging storage in both bedrooms
-Main and ensuite bathrooms
-European-style laundry
-Daikin reverse cycle a/c
-Single car space
-Huge storage cage

This DHA investment equals "peace of mind" from a long lease, guaranteed rental income paid monthly in advance. The lessor may also be entitled to a lease-end make-good (refer to the DHA Lease Agreement).

Lease start date: 16/06/2006
Lease end date: 15/06/2021
Lease Options: Option already Exercised
Right to Vary: 1 x up to 12 months Reduction
Gross Rent $465 per week
Management Fee: 13% includes GST
*Gross Yield 5.26% based on purchase price of $449,500

EER: 4.5
Body Corporate: $1117.88 per quarter
Rates: $324.54 per quarter (approx.)
Land Tax: $426.75 per quarter (approx.)

Residence living space: 101m2 (approx.)
Garage: 13m2 (approx.)
Balcony: 13m2 (approx.)
Total Residence: 127m2 (approx.)
Storage Cage: 2.4m2 (approx.)

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.

The rent displayed is the 2018 rental figure, please note, DHA has recently performed a rent revaluation on this property. Please enquire with the agent to confirm the 2019 rental figure.

  • Allocated Car Space
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Key Details

Property Type:Investment Property
Block Size:8023 (approx)
Stamp Duty:$9,683

Past sales information

View sales history of Phillip
Luton Properties Dickson

What's Nearby

Sts Peter And Paul Primary SchoolPrimary School
Melrose High School, PearceHigh School
The Canberra HospitalHospital
Woden PlazaMajor Shopping Centre
Australian National UniversityUniversity
Canberra CollegeCollege
Phillip Post OfficePost Office

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            Phillip Suburb Information

            Median Sale Price For Phillip
            Average Age
            32 years
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            Luton Properties Dickson

            Luton Properties Dickson

            View agency details
            Simon PorterLuton Properties Dickson
            Melissa Martin-SmithLuton Properties Dickson
            Please send me information on (no street name provided), Phillip ACT 2606
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            This listing has been viewed 5021 times. It was first displayed on 18/06/18 and last updated on 19/06/19.