With the price on the property having now been changed and the rent received from DHA now at $440 per week, it now represents fantastic value! With the official cash rate dropping again in February and further cuts expected, this DHA leased property now represents a fantastic investment opportunity ! Rental income is guaranteed 52 weeks a year and has a zero vacancy rate.. Investment properties do not come anymore secure than this!
This fantastic investment opportunity means you can add it to your portfolio and build up equity for your next purchase without the worry of late rental payments.
It would also be an ideal purchase for the couple who is looking to downsize in a few years as it is all on one level and is located close to the Gungahlin Marketplace, Palmerston shops and bus stops are just up the road. The home will also be recarpeted and repainted at the end of the lease so all the hard work will be done for you. How good is that!
The home itself is a fantastic size and has three separate living areas with formal lounge and dining rooms and an extremely spacious family off the kitchen. The kitchen has plenty of bench space and storage, gas cooking and dishwasher to help with after dinner clean up.
The three bedrooms are all a great size with the main bedroom complete with ensuite and walk in wardrobe while the secondary bedrooms both have built in wardrobes for extra storage.
With the winter months fast approaching the ducted gas heating will keep you nice and warm on those cold windy winter days, the landscaping is established while the backyard has plenty of room for the kids to play and the remote double garage will keep your car safe and out of the Canberra weather.
Located in a quiet cul-de-sac with no flow through traffic the position is second to none and with the opening of the Gungahlin Drive extension Tuggeranong is less than 30 minutes away.
Perfect for investors or the downsizing couple.

EER 1.5