A house on a lot in Watson ACT. Estimated value at this time is $850,000. Built in 2007, featuring 4 bedrooms, 2 bathrooms.
RARE DHA INVESTMENT with 4.7%* GROSS YIELD and $630 PW RENT With its ideal location in the established leafy Inner North suburb of Watson in close proximity to the Watson shops, Dickson shopping precinct, Mount Majura Nature Reserve, and only a short drive to Civic, this single level four bedroom ensuite residence with study/fifth bedroom offers a fabulous opportunity for the astute investor.With a north easterly aspect to the front and generous in size (approximately 238m2 of residence) the floor plan comprises a tiled entrance hall with cloak cupboard, combined lounge and dining room, open plan family/meals/kitchen with gas cook top, electric oven with separate grill and an island bench with breakfast bar.The main bedroom has an ensuite bathroom and built in robe, and bedrooms 2, 3 and 4 also have built in robes. The study/fifth bedroom is located to the front of the home. The bathroom has a walk in shower, bath, vanity, tastic heater and separate toilet. The laundry has plenty of storage cupboards.Now that the warmer weather has arrived along with daylight saving, the home offers outdoor entertaining options in the covered entertaining area surrounded by the well screened, private gardens.Other features include ducted gas heating and evaporative cooling, double garage with automatic door and internal access, instant gas hot water, rain water tank and NBN connectivity.Residents of the area enjoy fresh, local produce only minutes away at the Weekly Capital Region Farmers Market held at Exhibition Park in Canberra (EPIC) each Saturday. Outdoors pursuits are well catered for at the nearby parks and Mount Majura Nature Reserve. Well regarded local pre school and primary schools service the area along with Dickson College and the Australian Catholic University.The suburb of Watson was named after the Honourable John Christian Watson, the third Prime Minister of the Commonwealth and the first Labour Prime Minister. Streets in Watson are named after Australian judges and other legal professionals.Features include: Constructed for DHA in 2007 Ideal location close to Mt Majura Nature Reserve and Dickson and Watson Shops North easterly aspect to the front Single level with a generous living space Combined lounge and dining room Open plan informal living areas Main bedroom with ensuite bathroom and built in robe Built in robes to bedrooms 2, 3 and 4 Study/fifth bedroom located to the front of the residence Ducted gas heating and evaporative cooling Double garage with automatic door and internal access Instant gas hot water service Rain water tank Wall and ceiling insulation NBN connectivity Established private gardensLiving: 176.65 m2 (approx.)Garage: 39.25 m2 (approx.)Front porch: 3.12 m2 (approx.)Pergola: 19.44 m2 (approx.)Total Residence: 238.46 m2 (approx.)This DHA investment 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.Contact Christine Shaw or Gillian Thorn to arrange a private viewing appointment.DHA Lease: 13/09/2007 - 12/09/2019Lease Options: 1 x 3 year fixedRight to Vary Available: 1 x 12 month reduction or extensionGross Rent $630 per week or $32,872.56 per annum with annual reviews*Gross Yield calculated on $685,000 sale priceDHA classify this property has a 4 bedroom and study due to Defence classification requirementsThis 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.EER 4.5Land value: $330,000Land size: 432m2Rates: $2,028 per annum (approx.)