OFF MARKET

89 Limb Circuit
Moncrieff ACT 2914

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 128m2
Land area: 299m2
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Last updated 11 Nov 2024
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Property Details for 89 Limb Cct, Moncrieff

89 Limb Cct, Moncrieff is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2018. The property has a land size of 299m2 and floor size of 128m2. While the property is not currently for sale or for rent, it was last sold in July 2019.

Building Type
House
Year Built
2018
Floor Size
128m2
Land Size
299m2
Local Government
Gungahlin
Lot/Plan
MONCRIEFF: Block 22, Section 66

Last Listing description (November 2024)

*Please note, this property is on a fixed-term lease with DHA. This property cannot be lived in until after the DHA lease expires*.

IINVESTORS: If you're seeking a stress-free, low-maintenance investment with excellent potential for capital growth, this stunning 3-bedroom home on a corner block at the end of a complex is ideal. With a secure DHA (Defence Housing Australia) lease in place, your rental income is guaranteed until the lease ends in July 2028. Previously rented at $580 per week, this property offers a solid investor yield.

Modern and spacious, this home is perfect for those looking for long-term growth and the security of guaranteed rent through a DHA lease. Even if the property is vacant, DHA ensures you continue to receive rent payments. At the end of the lease, you have the flexibility to choose whether to sell, rent out, or move in yourself, after DHA completes their end-of-lease make-good process.

DHA:
- Lease start date: 22/07/2019
- Lease end date: 21/07/2028
- Rent: $580 per week with an annual review
- Management Fee: 16.5% Incl GST

Features Overview:
- Double level floorplan
- NBN connected with FTTP
- Age: 7 years (built in 2017)
- EER (Energy Efficiency Rating): 3.5 Stars

Sizes (Approx)
- Internal Living: 128.6 sqm (62.9 sqm upstairs and 65.7 sqm downstairs)
- Garage: 38.1 sqm
- Total Residence: 166.7 sqm
- Block: 299 sqm

Prices
- Rates: $695.57 per quarter
- Land Tax (Investors only): $1130.65 per quarter
- Strata Levies: $203.5 per quarter

Inside:
- Master bedroom with walk-in robe, ensuite and Balcony
- All bedrooms feature built-in robes
- Well appointed main bathroom
- Convenient downstairs powder room
- Family room with sliding doors leading to the pergola
- Bright open plan living and dining
- Kitchen with breakfast bar
- Laundry with external access
- Double car garage
- Split system

Outside:
- Pergola perfect for entertaining
- Spacious backyard for relaxation and play

Construction Information:
- Flooring: Concrete slab on ground to the ground floor level. Timber bearer and joists to the upper floor level
- External Walls: Brick veneer to the ground floor and compressed fibro cladding
- Roof Framing: Flat roof construction
- Roof Cladding: Metal roof cladding
- Window Glazing: Single glazed windows

The suburb of Moncrieff is conveniently located to allow easy access to a range of facilities including a number of local parks, walking trails & the 'One Tree Hill' lookout. Not to mention having the ever popular recreation park to entertain all ages. The Gungahlin Town Centre is also only minutes away and provides a whole host of further amenities.

Inspections:
We are opening the home most Saturdays with mid-week inspections. However, If you would like a review outside of these times please email us on: jesssmith@stonerealestate.com.au

Disclaimer: The material and information contained within this marketing is for general information purposes only. Stone Gungahlin does not accept responsibility and disclaim all liabilities regarding any errors or inaccuracies contained herein. You should not rely upon this material as a basis for making any formal decisions. We recommend all interested parties to make further enquiries.

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Property History for 89 Limb Cct, Moncrieff, ACT 2914

A timeline of how this property has performed in the market
Last Sold
$572,500
04 Jul 2019
  • 17 Jul 2024
    Listed for Sale $799,000+
  • 04 Jul 2019
    Sold for $572,500
  • 08 Dec 2016
    Sold for $508,000

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About Moncrieff 2914

The size of Moncrieff is approximately 1.9 square kilometres. It has 1 park covering nearly 0.9% of total area. The population of Moncrieff in 2006 was 17 people. By 2016 the population was 77 showing a population growth of 352.9% in the area during that time. The predominant age group in Moncrieff is 30-39 years. Households in Moncrieff are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Moncrieff work in a clerical occupation. In 2006, 40% of the homes in Moncrieff were owner-occupied compared with 65.2% in 2016.

Moncrieff has 1,801 properties. Over the last 5 years, Houses in Moncrieff have seen a 43.52% increase in median value, while Units have seen a 33.80% increase. As at 31 October 2024:

  • The median value for Houses in Moncrieff is $995,820 while the median value for Units is $646,739.
  • Houses have a median rent of $755 while Units have a median rent of $620.
There are currently 22 properties listed for sale, and 3 properties listed for rent in Moncrieff on OnTheHouse. According to CoreLogic's data, 93 properties were sold in the past 12 months in Moncrieff.

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