40/219a Northbourne Ave, Turner is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 5416m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in April 2015.
This DHA leased property gives you guaranteed rent for 52 weeks of the year - and the opportunity of having tax advantages until you wish to retire ! Imagine this stunning apartment as your new down-sized home in 8 years!
Designed by award winning architects 'Ring & Associates', Monarch is a stand-alone development of uncompromising quality. With a fantastic 6 star energy rating, this huge two bedroom ensuite apartment offers all the benefits of Inner North living - you may forget how close you are to the bustling hub of the City. The HIA website states that when built in 2006: 'The innovative development carried off Apartment Development of the Year, Apartment Project Under 100 square meters and Apartment Project Over 100 square meters'.
Features include: :
* Generous 104m2 two bedroom ensuite apartment with two balconies
* Main bedroom with ensuite and walk-in robe
* Kitchen with granite bench tops and stainless steel appliances including dishwasher
* All on one level with secure entry and lift access
* Secure car space with storage cage
* Spacious light filled living area with balcony
* Reverse cycle air conditioning
* Laundry room with dryer
* Security entry and intercom
* Excellent cross ventilation due to design of apartment with doors/windows at each end of the apartment
* Only one other apartment on your floor
* All on one level with direct lift access and secure entry
* Secure car space with storage cage
* Enjoy the numerous nearby restaurants
* Easy walk to university, City and Dickson precinct
* Landscaped courtyard, heated indoor lap pool, fully equipped gymnasium and BBQ area
* Pet friendly complex (subject to body corporate notification)
Rates: $935.12 pa
Land Tax: $1,120 pa (approx.)
Body Corporate: $4,192.20
EER 6
DHA Lease 21/09/2006 to 20/09/2018
Lease Options: 1 x fixed 36 months, with conclusion of lease possible in Sept 2021
Rent: $2152.37 per month or $495 per week or $25,828.44
DHA management fee is only 14% for apartments (not the 16.5% for houses)
*Gross Yield calculated on a sale price of $485,000
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
The size of Turner is approximately 1.5 square kilometres. It has 9 parks covering nearly 27.1% of total area. The population of Turner in 2011 was 3,595 people. By 2016 the population was 4,054 showing a population growth of 12.8% in the area during that time. The predominant age group in Turner is 20-29 years. Households in Turner are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Turner work in a professional occupation. In 2011, 35.7% of the homes in Turner were owner-occupied compared with 34.2% in 2016.
Turner has 2,800 properties. Over the last 5 years, Houses in Turner have seen a 14.91% increase in median value, while Units have seen a 30.93% increase. As at 31 October 2024:
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