3042/55 Cavenagh Street, Darwin NT 800

Quality three bedroom, two bathroom dual key fully serviced apartment on a long term lease located in the heart of the city.

Long term lease of 5 years expiring 2019 with 4 x 5 year options
A fully managed investment property operated by Advance Serviced Apartments
$34,345.80 per annum
Guaranteed 4% increase in rent per annum from July 2016 for the next 3 years
Minimal costs of $3,013 per annum
Excellent returns of 6.6% on current income
Management targets business contracts and corporate guests

Positioned on the top floor this apartment boasts a spacious open plan living / dining area and full kitchen. The large main bathroom also contains the laundry. The third bedroom has private access from the main unit to provide studio accommodation including an additional kitchenette and en-suite bathroom. The unit is fully air conditioned.
The unit has secure parking and an in ground pool within the complex.

As an investment property just set and forget, it's that easy!