Franklin, 2913 ACT

3    2    2

Quality DHA Investment with a 5.11% Gross Yield*

Franklin has always been well known to astute investors as a suburb that value-adds tremendously to their property portfolio.

This excellent three bedroom ensuite family home boasts spacious sunny living areas and quality fittings throughout. The property was constructed in 2009 and is currently leased to Defence Housing Australia till 26th July 2021 plus a three year rental option (at DHA discretion).

On entering the home, the segregated formal lounge room is spacious with plenty of windows and light. Through the entrance hallway, you arrive at the combined family room / meals area and kitchen. The bedrooms and front living room are fitted out with quality carpeting. The master bedroom easily accommodates king bed furniture and has an ensuite with a walk in robe. There is access to the covered alfresco area off the family room and the private rear garden. Comfort is assured all year round with the addition of ducted gas heating and evaporative cooling. Double garage has internal access to the home.

Nearby are walking trails, parkland, and soon to be completed Franklin Shopping Centre and the future light rail system network. Invest now, reap the benefits, and possibly move in when the lease expires if needed - you won't go wrong.

Don't miss out on this superb opportunity.

Features Include:

- Spacious three bedroom family home with two living areas
- North facing separate living room to the front of property
- Spacious open-plan family room, meals and kitchen area with quality tiles
- Breakfast bar, with Bosch gas cooktop and Bosch under bench oven
- King sized master bedroom
- Ensuite bathroom and walk-in wardrobe
- Built-in wardrobes to bedrooms 2 and 3
- Bathroom with separate shower and bath
- Large attractive ceramic tiling to entry, family room and corridors.
- Quality carpets and window treatments
- Under roof line alfresco entertaining area
- Double garage with internal access
- Ducted gas heating and evaporative cooling
- Close to parkland, walking trails and water features
- Very conveniently located close to new shopping centre and proposed light rail system
- Low maintenance gardens
- NBN connected
- 5000 litre rain water tank

This DHA Investment equals "Peace of mind "from a long term lease, guaranteed rental income paid monthly in advance, restoration provisions at lease end and other extensive DHA Property Care Services

DHA Lease: 27/07/2009 to 26/07/2021
Management Fee: 16.5% (inclusive of GST)
Lease options: 1 x up to 3 years
Right to Vary: 1 X up to 12 months reduction or extension
(Note the Option and Right To Vary is at DHA's discretion)
*Gross rent: $570.00 per week with annual reviews.

EER 4.5
Land Size: 476m2
Land Rates: $1879 pa (approx.)
Land Tax: $2461 pa (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

Sold

Inspect

Inspection of this property is available strictly by arrangement only.

Contact