GLENFIELD PARK NSW 2650
$382,000

DESCRIPTION

Wagga Wagga is well known for its military bases. Kapooka is home to the Department of Defence's Blamey Barracks from where the Army Recruit Training Centre conducts its operations and RAAF Wagga delivers technical and non-technical initial employment and postgraduate training that is fundamental to the delivery of military air and space power in support of national objectives. This DHA leased home is located in Glenfield Park which is located between the two military bases. In 2017 DHA took out a new six year lease at a rental of $405.00 per week. This lease expires 14 January 2023 with a Variable Extension Period of 3 years. Current rent providing a 5.4% gross annual return. The home features four bedrooms, the main bedroom provides an ensuite and walk in wardrobe, the remaining three bedrooms all have built in wardrobes and are serviced by the main bathroom with separate bath and shower. Fully equipped kitchen with gas cooking, pantry and ample storage. Two living areas; family room off the kitchen for a more casual setting and the formal lounge room at the front of the home. This is all topped off with a separate dining area. Comfort all year round is assured with ducted evaporative cooling and ducted gas heating. The undercover alfresco area overlooks the good sized backyard, which has side access from the street ideal of parking trailers and boats. Properties with secured leases through DHA don't come around often, ensure you make the most of the opportunity and inspect today. Right to Vary Available 1 x up to 12 months Reduction and 1 x up to 12 months Extension. Note: The option and right to vary are at DHA’s discretion. 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.