9 Mcclung Street

Gungahlin ACT 2912

The words on the DHA website say it all: ''...peace of mind ... benefit from a long lease, guaranteed rental income, restoration provisions at lease end and other extensive DHA Property Care services''. You now have a great opportunity secure this DHA investment, with the lease expiring in 2015 with a 3 year option.
This 213.8m2 five bedroom ensuite home was built in 2004 to exacting standards.
Upon entering the home, the benefits of the segregated formal lounge and separate dining room will be welcomed for formal entertaining, with the kitchen and family area comprising an amazing 50m2. A third entertaining option awaits with an easily accessible under cover pergola near the family room.
Any chef would love the well equipped kitchen, with Blanco stainless steel appliances.
The master bedroom, with ensuite bathroom, spa bath, separate shower and walk in robe, is positioned at the front of the home, with three other queen sized bedrooms all have built in robes.
There are simply too many features to mention here..
The case for the DHA management fee
Access Economics, the well respected economics think tank, says this of Defence Housing Australia investment properties in its Report from late 2009: ''The report found that in some cases, landlords could save more than $2,000 per year on a DHA lease.... Management fees are only part of the fees charged to landlords by agents, whereas DHA's fee is all-inclusive - there aren't any extra or hidden costs..... The report took into account advantages under a DHA lease that are not received with a usual agent arrangement. It noted that under a DHA lease rent is guaranteed throughout the year and that landlords are not involved in organising property maintenance or other management. 'These are all accounted for within DHA's lease agreement and flat fee,' Mr Richardson said. The report highlighted that DHA's management fee was less expensive in all cases studied, with the gap most notable for longer leases.'' Features include:
Executive residence totalling 255.68 m2 constructed in 2004
Five bedrooms, main bathroom plus ensuite
Formal lounge and formal dining
Blanco stainless steel applicances with rangehood
Blanco electric oven and 900mm gas cooktop
Segregated master bedroom with walk in robe
Master ensuite bathroom has bath and separate shower
All bedrooms allow for queen size beds
Separated vanity for main bathroom
Ducted gas heating and excellent cross ventilation
Floor to ceiling tiles in bathroom and ensuite
Ducted vacuuming
Security intercom and wiring for back to base alarm system
Outdoor entertaining with under cover pergola
Rinnai Infinity temperature controlled hot water system
Internal access to remote controlled double garage
Concrete paths around home and low maintenance garden
Off-street parking
Home: 213.8m2
Garage: 39.31 m2
Porch: 2.57m2
(*Gross yield based on sale price of $580,000)
Annual Rent: $29,120 to be reviewed in December 2011
Lease Expiry: 3 August 2015 with 3 year option on top
Rates: $1213 pa (approx)
Land Tax: (payable on rented properties) $2041 (aprox)