1-4/9 Bougainvilia Street, Nightcliff NT 810

Attention all developers and investors! A rare opportunity exists to acquire this rare unit complex holding 4 fully leased 2 bedroom units with a weekly gross rental income of $1,520.00.

- Fantastic investment opportunity for your future
- Perfect Staffing Accommodation
- 4 x 2 Bedroom units
- Off street parking
- MD Zoning Potential for Redevelopment!
- Rare as hens teeth, inspection is a must
Opportunities like this don't come around often; take this chance to secure a solid investment!

Cert of Occupancy: 1976
Easements: None Found As Per Title
Land Area: 812 Square Metres
Year Built: 19681970 Approximately
Zoning: MD - Multiple Dwelling

In-goings:

Lease Details :
Unit 1: $380.00 per week
Expiry: 06/04/14
Unit 2: $380.00 per week
Expiry: 23/05/14
Unit 3: $380.00 per week
Expiry: Periodic
Unit 4: $380.00 per week
Expiry: 24/04/14

Outgoings:

Council Rates: $4,736.00 p.a (approximately)
Insurance Rates: $4,075.00 p.a (approximately)
Water Rates: $5,000 p.a (approximately)