PERFECT FIRST HOME OR STRONG GROSS INCOME
Real Estate Central Projects are pleased to present to the market a selection of modern apartments at 15 Fairweather Crescent, Coolalinga, NT. A Variety of Modern Apartments appealing to owner occupiers and investors.The key attributes of this opportunity are as follows:Assortment of one and two bedroom apartmentsAll units are leased to the Chief Executive Officer (Housing) until May 2025, thereafter the lease will continue on monthly holdover.This allows prospective purchasers to obtain vacant possession with 30 days notice or continue collecting a strong gross rental whilst potentially negotiating an extended lease with the tenant.Gross rental returns range from $520 a week (2 bed units) to $390 a week (1 bed units).This equates to $20,280 to $27,040 per annum on leased units.There is a market review on 7 May 2025 which may allow positive rental escalation.Adjacent to Coolalinga Shopping Centre which accommodates a Coles supermarket and KMART.Close to public transport and other amenity.Please Note: Photos provided are of a two bedroom display unit for illustrative purposes.For further information please contact the marketing agents at Real Estate Central:Daniel Harris - 0430 350 631daniel.harris@recentral.com.auKylie Westbrook - 0478 401 428kylie.westbrook@recentral.com.au
