*Please note, this property is currently leased to Defence Housing Australia (DHA) on a fixed term lease until 27th June 2027 at $780 per week. The home cannot be owner occupied until the DHA lease expires.* INVESTORS: If you are searching for a low maintenance investment with reliable income and long-term growth potential, this modern townhouse in the heart of Denman Prospect presents an outstanding opportunity. With a secure DHA lease in place, rental income is guaranteed for the duration of the agreement, offering peace of mind and consistent returns regardless of vacancy periods. Thoughtfully designed across multiple levels, the home provides excellent separation of living and accommodation zones, appealing strongly to DHA tenants and future owner occupiers alike. Contemporary finishes, generous living spaces and multiple balconies create a functional yet stylish residence in one of Molonglo Valley's most sought after suburbs. The flexible floorplan includes open plan living and entertaining areas, private bedroom retreats and a secure garage level, all designed to maximise comfort and practicality. Upon lease completion, buyers will have the option to continue renting privately, sell or move in following DHA's end-of-lease make good process. Denman Prospect continues to grow in popularity thanks to its modern infrastructure, green open spaces, walking trails and proximity to the Canberra CBD, Woden and Belconnen precincts. DHA: - Lease start date: 30th June 2023 - Lease end date: 29th June 2027 - Rent: $780 per week with an annual review Features Overview - Just a 4 minute walk from the Denman Village shops, IGA, Club Lime gym, Pharmacy and medical centre and Woolworths Metro, surrounded by scenic parks, walking trails and the popular Stromlo Forest Park, only a short drive to the Canberra City Centre, Woden and Belconnen. - Double glazed windows - Timber floors in living and kitchen area - Additional cat 6 outlets in each room - NBN connected with FTTP - Age: Built in 2020 - EER (Energy Efficiency Rating): 5.0 Stars Development Information: - Name of development: Aberconway Rise - Number of buildings in development: 55 units - Strata management: Signature Strata Sizes (Approx) - Internal Living: 184.00 sqm - Outdoor living: Courtyard: 16.00 sqm, Balcony 1: 10.00 sqm, Balcony 2: 10.00 sqm - Garage: 43.00 sqm - Total residence: 220.00 sqm Prices - Strata Levies: $843.12 per quarter - Rates: $403.00 per quarter - Land Tax (Investors only): $456.35 per quarter Inside - Open plan kitchen, dining and family living area on the main level - Modern kitchen with large island bench, pantry and ample storage - Quality Fisher & Paykel appliances, induction cooktop, soft-close drawers - Light-filled living space flowing to private courtyard - Dedicated lounge retreat on upper level - Spacious master bedroom with ensuite and built-in robe - Private master balcony - Two additional bedrooms with robes - Separate study/home office ideal for remote work - Main bathroom servicing secondary bedrooms - Internal laundry facilities Outside - Private ground floor courtyard for outdoor enjoyment - Balcony 1 positioned off the kitchen - Balcony 2 with internal access from the master bedroom - Low maintenance landscaping ideal for investors - Secure garage with internal access - Contemporary townhouse positioning within a well planned community Inspections: We are opening the home most Saturdays with mid-week inspections. However, If you would like a review outside of these times please email me on: jessdoolan@stonerealestate.com.au Disclaimer: The material and information contained within this marketing is for general information purposes only. Stone Gungahlin does not accept responsibility and disclaim all liabilities regarding any errors or inaccuracies contained herein. You should not rely upon this material as a basis for making any formal decisions. We recommend all interested parties to make further enquiries.
