27 Jenolan Street
Harrison, ACT 2914

This property presents a remarkable investment opportunity, currently secured with a fixed-term lease under Defence Housing Australia (DHA) until 20 December 2027. The lease guarantees rental income until the lease expiry, making it an ideal choice for investors seeking long-term growth and reliable returns. The property is currently leased at $830.25 per week, offering an excellent yield for investors.

The residence is designed with a single-level floorplan that maximizes space and functionality. It features five spacious bedrooms, each equipped with built-in robes, providing ample storage and comfort. The master bedroom is enhanced with a walk-in robe and an ensuite bathroom, offering privacy and convenience.

There are two bathrooms in total, including a main bathroom with a full-sized bath and shower, and a separate toilet for added practicality. The home also includes two separate living areas that are north-facing, allowing natural light to fill the spaces and create a warm, inviting atmosphere.

The kitchen is large and well-appointed, featuring quality appliances such as a gas cooktop, dishwasher, electric oven, and rangehood. It offers plenty of bench and cupboard space, making meal preparation efficient and enjoyable. Adjacent to the kitchen is a dedicated laundry room with external access, enhancing the home's functionality.

Outside, the property boasts a low-maintenance yard with a covered outdoor alfresco area, perfect for entertaining guests or enjoying family time. The yard includes a generous grassed area suitable for children and pets to play safely. The double garage comes with remote roller doors and internal access, providing secure parking and additional storage space.

Built in 2005, the home is connected to NBN with Fibre to the Premises (FTTP) and features ducted evaporative cooling and ducted gas heating, ensuring comfort throughout the year. The property holds a 5.0-star Energy Efficiency Rating (EER), reflecting its energy-conscious design.

Located on a quiet street, the property is within walking distance to parks, Harrison Public School, bus stops, and the light rail, making it highly accessible and convenient for tenants. The secure DHA lease also means that property management is handled professionally, providing investors with a hassle-free experience and peace of mind.

Financially, the property incurs rates of approximately $913 per quarter and land tax for investors of about $1,735 per quarter. These costs are balanced by the guaranteed rental income and the property's strong appeal in the rental market.

Overall, this residence offers a blend of comfort, convenience, and investment security, making it a compelling choice for investors looking to benefit from a stable income stream and potential capital growth in a sought-after location.