66 De Burgh Street, Lyneham, ACT 2602

66 De Burgh Street, Lyneham, ACT 2602 Attention Investors! 5.14% Gross Yield* + History

Defence Housing Australia Investment

Lease: 3 years (with 3 year option period at DHA discretion)

Period of Lease: 22/04/24 to 21/04/27

Option Period: 22/4/27 to 21/04/30

Rent: $885 per week

Management Fee: 16.5% inclusive of GST (includes all maintenance)

Gross Yield*: 5.14%

The iconic Lyneham "The Pairs" separate title townhouses, was originally designed by noted mid-century architect Sydney Ancher and first occupied in 1962. Preserved as a heritage component of the Northbourne Village precinct, these premium townhouses have been completely redesigned and refurbished to provide the ultimate low-maintenance, gated community boasting a friendly urban lifestyle.

The location is the ultimate in convenience, with light rail running past the door. In Lyneham you'll find a thriving cafe culture, great parks and playgrounds, sporting facilities, local shops, schools and services. Dickson, with its host of restaurants, two major supermarkets and specialty shops, is just a short walk away.

Features:

8 Separate title, two storey residences available

Front and rear courtyards

Fully renovated, with a commitment to preserving its historical charm while incorporating modern upgrades

Sun drenched living areas

Quality kitchen appliances

Ducted reverse cycle air-conditioning

Dedicated car accommodation and shed storage

Restricted access gated community

Light rail access stops just metres away

500m to Dickson

3km to Canberra City

Size: 90.1 m2

Rates: $6,285.71 pa

EER: 3.0

* Gross Yield based on purchase price of $895,000

Note: all figures and measurements are approximate.