16 Sabine Road, Millner NT 810

A rare, readymade investment opportunity, this property offers the chance to own a standalone residential investment comprising five separate flats.

All five flats are currently tenanted, and the ultra-convenient location and mixture of accommodation ensures solid ongoing rental prospects. The accommodation includes one x 3 bedroom flat, two x 1 bedroom flats and two x 2 bedroom flats.

The flats provide an entry level of accommodation so vacant tenancies has never been a problem.

The property is located in the central suburb of Millner, which close to local schools and shops. It is within close proximity to all services and amenities including schools, shops and public transport.

Unit 1 Rented $345 p/w
Unit 2 Rented $350 p/w
Unit 3 Rented $320 p/w
Unit 4 Rented $340 p/w
Unit 5 Rented $320 p/w

Rent = $1675 p/w = $87,100 p/y

For more information about this property including lease and rental appraisal, text 16SBN to 0488 810 057

More Information:
Year Built: 1982
Area Under Title: 905 square meters
Status: Rent = $1675 p/w = $87,100 p/y
Yield: 8.06%
Zoning: LR (Low Density Residential)
Council Rates: $8400 per annum (approx.)
Body Corporate: Self-Managed
Vendors Conveyancer: Lawlab Conveyancing Darwin
Settlement period: 45 days
Deposit: 10% or variation on request
Easements as per title: None found