18/52B Mitchell Street, Darwin NT 800

Do you have money sitting in your bank account earning minimal interest? Paying too much tax? Want a starting investment with returns of $9,068.00 per annum? Why not invest in Melaleuca on Mitchell, Darwin's busiest and most popular backpacker accommodation located the heart of the city.

With this investment you are guaranteed ZERO HASSLE, with only $1,654.56 of expenses to pay per annum, which is also TAX DEDUCTABLE! This is no doubt a perfect first investment or portfolio bumper generating a guaranteed massive 9% return until November 2019 with an option to extend!

AN INVESTMENT OPPORTUNITY NOT TO BE MISSED.

It's centrally located within the main tourist hub, amongst all the popular bars, clubs, supermarkets, shops and restaurants on Mitchell Street.

OFFERS MITCHELL STREET FRONTAGE WITH TOUR DESK AND INTERNET FACILITIES AT RECEPTION

Melaleuca is an award winning Backpacker Hostel and is thee most sought after budget accommodation in the city. It's made up of 98 Strata Titled units (452 beds) with excellent facilities.

This is a genuine vendor who requires a quick sale, so enquire today on 0447 052 948 for more information!

* Secure 17sqm one bedroom (6 bed dorm)
* Two entertainment decks
* Licensed pool bar
* Two in-ground swimming pools
* Waterfall into spa
* Kitchen facilities and dining area
* Laundry
* 24 Hour reception, tour desk and internet facilities
* Table football/ dart board / pool tables

Area under title: 17m²
Body Corporate fees: $163.65 per quarter
Council Rates: $999.96 per annum