2 St Andrews WayFletcher NSW 2287
Property Details for 2 St Andrews Way, Fletcher
2 St Andrews Way, Fletcher is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2005. The property has a land size of 404m2 and floor size of 136m2.
Last Listing description (August 2023)
Designed to suit the investor who wants that set and forget type of asset, this property is currently under a 6 year lease term with Defence Housing Australia (DHA). This type of lease agreement provides stability, certainty and a certain level of care and management that you just don't get with a normal investment property.
Under the 'Property Care Contract' with DHA you will have almost all repairs, maintenance & upkeep costs covered by them. You can request a copy of the Property Care Contract to understand more about exactly what is looked after by them. Another bonus is that you will have your rent paid even if the property is vacant!
The particulars:
Current Rent $582 per week (Reviewed and adjusted in line with market rent every 12 months)
Outgoings:
Water Rates - $231.93 per quarter (Approx.)
Council Rates - $473.81 per quarter (Approx.)
Management Fee (DHA Property Care Contract) - $96.03 per week
What is on offer is an extremely well maintained brick and tile home, built in 2005. The property has a large central living space with separation between your lounge and dining rooms. An updated kitchen looks out into the covered alfresco area and yard which is fully fenced.
What else is there to love about the home?
- Double lock up garage with parking for multiple vehicles in the drive way
- 3 spacious bedrooms, all with robes
- Ensuite in the master bedroom
- Air conditioning Split systems in lounge room and master bedroom
- Ceiling fans in every bedroom
- Updated kitchen with plenty of storage
- New carpets recently
- Covered outdoor entertaining
Please enquire for more information on how this type of investment works.
Disclaimer: We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.
Property History for 2 St Andrews Way, Fletcher, NSW 2287
- 09 Jun 2023Listed for Sale Defence Housing Investment
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About Fletcher 2287
The size of Fletcher is approximately 6.1 square kilometres. It has 3 parks covering nearly 0.9% of total area. The population of Fletcher in 2011 was 2,730 people. By 2016 the population was 5,154 showing a population growth of 88.8% in the area during that time. The predominant age group in Fletcher is 0-9 years. Households in Fletcher are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Fletcher work in a professional occupation. In 2011, 88.5% of the homes in Fletcher were owner-occupied compared with 77.6% in 2016.
Fletcher has 3,007 properties. Over the last 5 years, Houses in Fletcher have seen a 60.12% increase in median value, while Units have seen a 57.70% increase. As at 30 November 2024:
- The median value for Houses in Fletcher is $995,430 while the median value for Units is $739,989.
- Houses have a median rent of $720 while Units have a median rent of $650.
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