Investment GOLD!!!! Set and Forget
For more property information text 55CAV to 0488 810 057 Leased back to the hotel pool for the next 12 years, this is a strong investment choice with a savvy return. The complex includes a staffed reception desk with a secure lobby area along with dual elevator access through to the 2nd floor.The apartment's balcony boasts a great view over the swimming pool and allows for that cool sea breeze to filter in. Inside is a generous open plan living, dining and kitchen area with carpeted and tiled flooring, and large light filled windows that let in the natural sun light. The kitchen has a wall of storage with all the basic amenities accounted for. There is even a laundry room and linen press storage along with a cabinet at the front door for the shoes and bags. The bedroom includes a built in robe and ensuite with a relaxing bath tub / shower combo. Furnished with all the large everyday items - this is a great time to buy as an investment property with as great rental yield and low vacancy rate. Walk to the CBD in moments for coffee dates or work commitments - spend your free time exploring the CBD and city lights or taking a stroll along the esplanade. Around the Suburb: -Located in the heart of the CBD -Say yes to those last minute coffee dates and mid week meals -Nearby to Cullen Bay and the Marina -George Brown Botanical Gardens and the Casino only moments away -Head down to the Water Front for a swim or a quick meal Why This Works for Investors:- Secure long-term lease with a guaranteed net return- Tenant covers major outgoings, leaving you with minimal owner expenses- Consistent, hassle-free income - no vacancy worries- Part of the Metro Hotel Darwin CBD complex - strong demand and proven track record- A 5% net yield with a gross yield of 7 - 8%, when taking into consideration the paid for outgoingsThe finer points:Council Rates: Approx. $1,760 per annumArea Under Title: 86 meters squaredYear Built: 2004Zoning: CB (Central Business)Status: Tenanted for the next 12 yearsCurrent Monthly return: $922.70/monthBody Corporate: NetworkBody Corporate Levies: Approx. $195.75 per quarterSettlement period: 45 days or variation on requestEasements: As per titleDeposit: 10% or variation on request
