YES!.. It's a block of flats
The informed investor will immediately recognise this opportunity. This property offers returning $133,000pa gross, 1000sq/m SD zoned group of apartments. This long standing block includes 9 separate apartments (5x1 bedders, 3x studios, 1x3 bedroom).The front building consists of an upstairs, roomy 3 bedroom house-sized apartment with separate laundry and decent sized private balcony. Downstairs has 2x separate and spacious units both with 1 bedroom and large, private courtyards. At the rear of the complex, the remaining 6 apartments consist of 3 Studios and 3x1 bedrooms, car parking and open common lawn area. The overall clean and tidy complex has been recently upgraded with individual water meters. Key lifestyle aspects include: easy access to the Fannie Bay Race Track, a bike rides distance from East Point and Lake Alexandra, plus a central location between Casuarina and Darwin's busy CBD. - 9 separate residences with rental income returning $133,000 gross per annum- All apartments with their own amenities- Updated kitchens and bathrooms- Open plan living and dining areas - Timber floating floorboards throughout - Long standing, respectful tenants- Off street parking- Split system air conditioning - Sensational, quiet location in an old school Darwin suburb - Central location between Casuarina and the CBDCouncil Rates: $10,400 Per Annum Area Under Title: 1000m2Zoning: SD (Single Dwelling) Settlement period: 30 daysDeposit: 10% or variation on requestEasements as per title: None found
