This well-maintained two-bedroom, one-bathroom upper-level unit in a quiet and secure complex presents an excellent opportunity for first-time buyers, small families, or savvy investors looking for a low-maintenance home in the heart of Alice Springs.
Boasting a timeless mid-century Australian design, the property features a white brick facade with traditional brown shutters, consistent throughout the complex. A covered balcony spans the front of the unit, offering a shaded outdoor space perfect for relaxation. Its position within the complex provides added security and privacy, with off-street parking in front of the stairway leading to the unit.
Inside, the open-plan living area is bathed in natural light, featuring neutral tones and a split-system air conditioner to ensure comfort throughout the year. The practical galley kitchen includes an electric cooktop, oven, and ample cupboard space-ideal for easy, everyday cooking.
The generous master bedroom is carpeted and includes a built-in robe. The second bedroom is also carpeted. The bathroom consists of a shower, vanity, toilet, and floor-to-ceiling neutral tiles, with the added convenience of a combined laundry.
The unit's solid, practical design ensures minimal upkeep, making it the perfect choice for busy professionals, first-time homebuyers, or investors seeking a reliable rental property with strong demand.
For more information or to schedule an inspection, please contact Kura on 0437 366 265.
At a Glance
- Low-maintenance, two-bedroom upper-level unit in Old East Side
- Open-plan living with split-system air conditioning and carpet
- Functional galley kitchen with electric cooktop and oven
- Carpeted bedrooms, with split-system AC and built-in robe in the master
- Combined bathroom/laundry with shower, vanity, toilet, and laundry facilities
- Quiet, gated complex, located close to the CBD, with off-street parking
• Land Area: 74m²
• Council Rates: $2,040.65 p/a
• Rent: $350 per week (Periodic Lease)
• Zoning: MR (Medium Density Residential)
• Body Corporate: $1,138.00 p/qtr
• Easement/s: Nil
• Year Built: 1989
************** ATTENTION INVESTORS **************
This low-maintenance, two-bedroom property is ideally located close to the CBD, schools, and universities, with secure off-street parking. Currently rented at $350 per week, with the potential to increase to $380-$400 per week, it offers strong investment potential in a high-demand area.
The estimated rental yield is 7.5%, with the potential to rise to 8.1%. The tenant is stable and willing to stay, providing reliable rental income. The complex benefits from a healthy sinking fund and additional funds in a term deposit ensure ongoing property maintenance.
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