INVESTMENT OPPORTUNITY IN THE FIRST DECADE OF A BUSTLING TOWNSHIP

Googong NSW 2620

Sold $675,000
Property Details

Googong NSW 2620

Sold $675,000
Description

INVESTMENT OPPORTUNITY IN THE FIRST DECADE OF A BUSTLING TOWNSHIP

House Sold - Googong NSW

Investors understand getting in at the ground level of an opportunity is always best. The master-planned township of Googong covers 780 hectares of former grazing land and will take around 20 years to complete. Around 18,000 people – living in approximately 6,200 dwellings – will one day call Googong home. The Googong master plan creates 5 distinct but connected neighbourhoods, and each neighbourhood will have its own character while still being linked to the wider township – with the hub of activity centred around The Clubhouse. As a township, Googong offers all the amenities and advantages of modern living – everything an investor could want in terms of capital growth. While the community will evolve and change over time, the guidelines set up at the planning stage will ensure that Googong provides a strong sense of community and a sustainable way of life. From their own website “this will ensure a level of quality is maintained and help protect your investment” in the home.

The uniqueness of this township cannot be under-estimated. Googong has already established itself with an advertising campaign highlighting the identity – as the locals are called “Googonians”. Their Ministry of Health recommends exercise and outdoor activities, as over 23% of the Googong area is dedicated to open space and high quality landscaping. In developing the parklands, revegetating areas will occur with native species, and endangered native grasslands will be protected, along with habitats for the local animal and bird life.

Googong is located near Googong Dam on Old Cooma Road, just beyond Jerrabomberra, and only 20-25 minutes from Manuka shopping precinct and Canberra’s Parliament House. (The Googong website shows 26 minutes to Canberra CBD.) The township of Googong is quite separate from the Googong Dam and its Foreshores. No development will take place within the Foreshores area. The picturesque site is characterised by gently undulating slopes and plans, and dominated by the dramatic mountain backdrop of the Molonglo Ranges.

Club Googong has a five lane 25m heated pool and an outdoor splash deck for smaller children. There is a gym, as well as tennis courts, children’s playgrounds, amphitheatre, barbeque areas and boadwalks – all just a short walk from this investment property. Neighbourhood community centres, an indoor sports centre, and recreational facilities including 7 sports fields, 6 netball courts and 13 local parks are all part of the overall plan.

Specific Investment Property Features:

• 2016 construction in a quiet street
• Large front door and entry porch
• Security screens on all street-facing windows/doors
• Separate formal lounge
• Kitchen with stone benchtops and breakfast bar
• Huge walk-in pantry
• Quality appliances with electric oven and gas cooktop
• Open plan family and dining area adjacent to the kitchen
• Segregated master bedroom with ensuite and walk-in robe
• Two additional bedrooms fitted with built-in robes
• Bathroom with separate shower and bath
• Ducted reverse cycle air conditioning
• Good storage, with linen and broom cupboards
• Under roof line Alfresco area
• Low maintenance gardens
• Huge double garage with internal access
• Fenced yard and rock retaining walls
• Colorbond roof
• 4000 litre rainwater tank

Living: 159.9m2
Portico: 9.8m2
Alfresco: 16.5m2
Garage: 45.2m2
Total Residence: 231.4m2

Land Size: 661.59m2
Rates: $3,700 pa
Land Value: $339,000

This DHA investment equals “peace of mind” from a long lease, guaranteed rental income paid monthly in advance, make good provisions at lease end and other extensive DHA Property Care Services.

(Note: All figures and measurements are all approximate)

This property is for sale on behalf of a Defence Housing Australia and will have a Defence Housing Australia lease in place. Refer to DHA website for lease terms and conditions (dha.gov.au)  

Images, photographs, illustrations and floor plans on the website and on company brochures are for presentation purposes only and are intended to be indicative only. Whilst all details have been carefully prepared and are believed to be correct, no warranty can be given either expressly or implied by the vendors or their agents. Floorplans may not be to scale.

Property Features
  • House
  • 3 bed
  • 2 bath
  • 2 Parking Spaces
  • 2 Garage

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