13 Gilbert Street, Ludmilla NT 820

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 CBD

Council Rates: $10,400 Per Annum
Area Under Title: 1000m2
Zoning: SD (Single Dwelling)
Settlement period: 30 days
Deposit: 10% or variation on request
Easements as per title: None found