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This D.H.A. managed 4 bedroom ensuite home located in a popular Gungahlin suburb is a safe and secure investment option.

Currently rented at $605 per week, with a secure lease in place until June 2023 with a further 3 year option. Being a 12 year lease means the property will receive a full refurbishment at the end of the lease term.

This is a great opportunity for those looking to secure a quality home now – earn a good income with the option of moving into later.

The property itself offers flexible living with its layout and low maintenance yard.

A separate lounge room and combined living/ meals area adjoins the kitchen. The spacious master bedroom features a walk-in wardrobe and ensuite with the additional three bedrooms all having built in robes, TV, broadband network and phone outlets,

Leading off the living area is a covered entertainment area surrounded by a fully enclosed yard is an ideal place to relax with family and friends.

With a double garage that has remote opening and internal access and being only minutes from local shops, grasslands and walking trails means this home has a lot to offer home-owners and investors!

Benefits of owning a DHA leased investment property:

· Secure Commonwealth Government tenant
· Leased until June 2023 – no vacancy, no late rent, no advertising and letting fees
· Annual rent reviews plus a rent "safety net" for the life of the lease
· Regular property maintenance completed by DHA
· Lease restoration works completed at the end of the lease
· An ideal "hassle free" property investment ideal for first time investors

Full lease details are available upon request. DHA have the right to vary the lease for 1 x up to 12 months Reduction and 1 x up to 12 months Extension

This property is for sale on behalf of a Defence Housing Australia lessor and has a Defence Housing Australia lease in place.

LEASED UNTIL 09/06/2023

A Hassle Free Investment Opportunity in Franklin!

Property Details

Property ID:
Property Type:
Land Size:
615m² (approx)