This property is a house situated in Gungahlin ACT. Based on comparable properties, its value is $865,000. Built in 2004, it has 5 bedrooms, 2 bathrooms.
DECEPTIVE FROM THE STREET INVEST WITH GROSS RENTAL YIELD OVER 5%*Investors know a yield over 5% is gold.The words on the DHA website say it all: ""...peace of mind ... benefit from a long lease, guaranteed rental income, restoration provisions at lease end and other extensive DHA Property Care services"". You now have a great opportunity secure this DHA investment, with the lease expiring in 2015 with a 3 year option.This 213.8m2 five bedroom ensuite home was built in 2004 to exacting standards.Upon entering the home, the benefits of the segregated formal lounge and separate dining room will be welcomed for formal entertaining, with the kitchen and family area comprising an amazing 50m2. A third entertaining option awaits with an easily accessible under cover pergola near the family room.Any chef would love the well equipped kitchen, with Blanco stainless steel appliances.The master bedroom, with ensuite bathroom, spa bath, separate shower and walk in robe, is positioned at the front of the home, with three other queen sized bedrooms all have built in robes.There are simply too many features to mention here..The case for the DHA management feeAccess Economics, the well respected economics think tank, says this of Defence Housing Australia investment properties in its Report from late 2009: ""The report found that in some cases, landlords could save more than $2,000 per year on a DHA lease.... Management fees are only part of the fees charged to landlords by agents, whereas DHA's fee is all-inclusive - there aren't any extra or hidden costs..... The report took into account advantages under a DHA lease that are not received with a usual agent arrangement. It noted that under a DHA lease rent is guaranteed throughout the year and that landlords are not involved in organising property maintenance or other management. 'These are all accounted for within DHA's lease agreement and flat fee,' Mr Richardson said. The report highlighted that DHA's management fee was less expensive in all cases studied, with the gap most notable for longer leases."" Features include:Executive residence totalling 255.68 m2 constructed in 2004Five bedrooms, main bathroom plus ensuiteFormal lounge and formal diningBlanco stainless steel applicances with rangehoodBlanco electric oven and 900mm gas cooktopSegregated master bedroom with walk in robeMaster ensuite bathroom has bath and separate showerAll bedrooms allow for queen size bedsSeparated vanity for main bathroomDucted gas heating and excellent cross ventilationFloor to ceiling tiles in bathroom and ensuiteDucted vacuumingSecurity intercom and wiring for back to base alarm systemOutdoor entertaining with under cover pergolaRinnai Infinity temperature controlled hot water systemInternal access to remote controlled double garageConcrete paths around home and low maintenance gardenOff-street parkingHome: 213.8m2Garage: 39.31 m2Porch: 2.57m2(*Gross yield based on sale price of $580,000)Annual Rent: $29,120 to be reviewed in December 2011Lease Expiry: 3 August 2015 with 3 year option on topRates: $1213 pa (approx)Land Tax: (payable on rented properties) $2041 (aprox)