This property is a house in Banks ACT. We estimate its value at $705,000. The local government is Tuggeranong, featuring 4 bedrooms, 2 bathrooms.
Outstanding Returns for the Smart Investor If you are keen to invest in Canberra real estate but are concerned about the uncertain market, then this DHA leased investment is the easiest way to become a property investor. Enjoy the many benefits of owning a property leased by Defence Housing Australia. A DHA lease provides a guaranteed rental income with fixed annual rent increases, comprehensive and professional property management as well as generous restoration provisions at lease-end. No vacancies, no late rent, no hassles!The home is only 8 years old so there are still great depreciation benefits available.Features include:? 4 bedroom ensuite home built on one level? Modern kitchen and bathrooms? Formal and informal living? Ducted gas heating? Double garage? Elevated position with distant views to the rear of the home? Only minutes to popular primary schools, high schools and the Lanyon Market Place? DHA leased until December 2018 with a 3 year optionCurrently rented for $598.86 per week with a guaranteed fixed annual increase of 2.5% until 2017, then subject to market rent review. Now is the perfect time to take advantage of the low interest rates and invest before the next property boom.Living Area: 196sqmBlock Size: 646sqmCurrent Rent: $598.86 per weekPlease call agent for further details.Additional feature/s - Built-In Wardrobes.