A solid investment opportunity located in the heart of Weston Creek with the security of a long lease and the Defence Housing Authority as a quality tenant. This 3 bedroom ensuite single level town residence has a long list of features with attractive returns and the benefits of tenancy until 2016, at a very affordable price point.
Nestled in a tranquil setting within this quality development, access to ovals, bike paths, and parkland is only a very short walk or ride away. Cooleman Court is moments away and the Woden Town centre is only minutes by car.
This single level town residence features 3 bedrooms ensuite with study nook, with the master bedroom segregated from the other bedrooms. The living areas are split in two with a spacious formal lounge/dining along with a separate family/meals area which flows out to a covered and paved entertaining area. This outdoor area has just been upgraded and offers the occupant a fantastic opportunity to entertain and relax. The property also boats a double garage with internal access, quality kitchen, ducted gas heating low maintenance gardens and more. To complete the picture the rear of the property has a Northerly aspect which is ideal for Canberra's cold winters and hot summers.
The property returns $470 per week (less DHA management fees), rent is reviewed to market annually, make good clause with tenant to repaint and re carpet subject to lease length, no letting fees, no vacancy periods (even if not tenanted), 3 year option at the end of the current lease, continuous income stream.
Whether you are planning to only invest, or invest with an eye to owner occupy in the future when the lease is up, either way this is a safe and secure property investment knowing you have the security of one long term tenant with a consistent cash flow.
Call now for more information or inspections are by appointment. EER 4