26 Somerset Street, Stanhope Gardens.

26 Somerset Street, Stanhope Gardens.

STATUS : FOR SALE
PRICE : $1,100,000 - $1,200,000
LAND/ HOUSE SIZE : 320m2 / TBCsq
BUILD DATE : 2006
UNIQUE BUYING FEATURE : This modern 4 bedroom home is located just a stones throw from the North West Metro & T-Way – An Ultra sought after locale that will exponentially grow in value for generations as the North West of Sydney evolves around it.

Owning a DHA property in an area like this is a safe and predictable method of gaining exposure to the growth of this region whilst not burdening your self with too much work as land lord.
The property comes with a long lease until 2024 where your tenant is essentially the Australian Government.
This comes with a level of security and trust in that your rent will always be paid in full on time, Your property will always be looked after by Australian defence personnel staying there on behalf of their employer & you can enjoy the benefits of a higher than average return which can go up yearly but can never decrease with the market !

Weekly Rent Amount : $680pw

Lease Expires : 20/12/2024

Lease Extensions Avail : 1 x Up to 36 Months

Right to Vary Avail : 1 x Up to 12 Months

Management Fee : 11.82 %

Council Rates : $1,603 (yearly)