4/408 Trower Road, Tiwi NT 0810

Central apartment offers strong investment opportunity - Over 7% Yield! This currently tenanted one-bedroom apartment offers investors the opportunity to plug into an immediate revenue stream in a highly sought after central location minutes to Charles Darwin University, Royal Darwin Hospital and Casuarina Beach. - Reliable tenant currently in place for immediate rent returns- Convenient first-floor location in well-maintained complex- Open-plan living/dining room opens to large semi-enclosed balcony- Balcony presents leafy outlook and plenty of room to entertain- Well-presented kitchen features breakfast bar to living/dining area- Combined bathroom/laundry with separate shower and toilet- Good-sized master bedroom with built-in robe overlooks balcony- Split-system air conditioning, ceiling fans and timber look floors throughout- Parking for one vehicle in single carport - Pet-friendly complex with large rolling lawns and leafy setting Investors act fast to secure this excellent investment opportunity in a popular location moments to major employers and infrastructure in a high-growth area. Enter the first-floor apartment with the well-presented kitchen to your immediate left. It features a generous breakfast bar to the living/dining area and clean, modern cabinetry. Continue into the open-plan living/dining room where floating timber look floors add contemporary appeal.The living/dining room opens onto the large semi-enclosed balcony. Here you have plenty of room to entertain with a lovely leafy outlook and space for outdoor furniture. A short hallway opposite the kitchen connects to the main bathroom and good-sized master bedroom.The bathroom with combined internal laundry features a built-in vanity and separate shower and toilet. The generous master bedroom with built-in robe overlooks the balcony. There is split-system air conditioning, ceiling fans and floating timber floors throughout, and a built-in linen press provides additional storage. Parking is for one vehicle in a single carport. The well-maintained complex is also pet friendly and features large rolling lawns and a leafy setting. This excellent low-maintenance property with no work to do will be popular among investors with an eye on this popular central location. Act fast while it lasts and organise an inspection today. Council Rates: $1310 per annumYear Built: 1999Area Under Title: 111sqmZoning: MR (Medium Density)Status: TBA Rental income: $350 per weekBody Corporate: Whittles Body Corporate Body Corporate Levies: $2730 Per Annum Vendors Conveyancer: Territory Conveyancing Services