12 Gnoilya Street, The Gap NT 870

An outstanding opportunity is on the table to acquire this 25 unit complex that has a proven track record for occupancy and scope to bolster the sites presence.
Features of the site are

- Eleven 1-bedroom units
- Thirteen studios
- One manager's residence with three bedrooms
- 2,270 square metre block with three street frontages
- Secure fencing
- Swimming pool
- Gross rental potential of over $380,000 per annum
- Zoned – TC Tourist Commercial

Properties like this don’t come up that often that offer options of re-sparking a motel business or continuing along the current operational style.

Council Rates: $42,289.00 p.a.