• Investment Opportunity
* / * (No street Name), Yarralumla, Australian Capital Territory 2600

$550,000

  • 1
  • 1
  • 1

Investment Opportunity

Nestled in a tranquil pocket of Yarralumla, across from parkland and within the AvvA complex is this stunning, ground floor, one bedroom apartment. With a DHA lease in place until 2020, with additional options available, it has excellent return on investment with many benefits including a long-term lease, regular rent reviews, and scheduled maintenance. The current lease ends in early June 2020 with a current rental of $460/week.

The fixtures and fittings throughout the apartment are extravagant to say the least and include black granite benchtops, an island bench, double glazed windows, a light-filled living area, two separate terrace areas, a video intercom and ducted gas heating/cooling.

With close proximity to Parliament House, Lake Burley Griffin, Royal Canberra Golf Club, the CBD and the Manuka and Kingston precincts, this property is an ideal investment opportunity. EER6

Features:
Spacious apartment over 70 m2
Black granite benchtops
Quality stainless steel Miele appliances
Large island bench: featuring waterfall black granite and double square finished sink.
Separate European style laundry
Abundance of cupboard space.
Carpeted bedroom
Ducted gas heating and cooling throughout
Quality tile flooring
One secure car space, with storage room
Bitcino video intercom
Double glazed windows throughout the home
Two terrace areas

Lease Details:
Lease edition: 6
Lease start date: 12/06/2014
Lease end date: 11/06/2020
Lease option: 1 x up to 36 months (Note the option and right to vary is at DHA’s discretion)
Right to vary: 1 x up to 12 months Reduction and 1 x up to 12 months Extension
Current Rent $460.00 per week.

DHA`s responsibility when it comes to property maintenance;
Throughout the lease term, they are responsible for organizing and covering the cost of most non-structural repairs and maintenance.
They maintain the property, with the exception of fair wear and tear, examples include:
- Regular servicing and repairs to heating, air-conditioning and hot water systems
- General upkeep of grounds and gardens, and
- 'Like-for-like' replacement of fixed appliances as needed.
Any work they arrange is undertaken by a licensed or suitably qualified tradesperson.
*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 learn the benefits of investing in Defence Housing Australia property.

Apartment Features

General Features

  • Bedroom: 1
  • Bathrooms: 1
  • Garaging: 1

Energy Features

  • Energy Rating: 6

Specialty Rooms

  • Living Areas: 70

Map Location ( get directions )

* / * (No street Name), Yarralumla, Australian Capital Territory 2600

Agent Contact

Moira Maloney
  • Moira Maloney

  • Mobile: 0407 715 244
  • Enquiry: send email
Latest newsSue's stancePeter's posturing