5/27 Blain St, Tennant Creek NT 860

9.8% Gross Return on Guaranteed Rental Income from NT Government until 2024 plus a 2 year option.
Only 4 of these Affordable Housing one bedroom units remain from a group of 6.
Only core industry employees are offered tenancies in this complex.
The lease contains a 'Ratchet Clause' which means the rental payment can never be lower than when it was initially set in 2014 at $330 per week.
Rent reviews to market can raise the rent higher but never lower.
Body Corporate Fees: $581 per quarter per unit
Council Rates: $702.49 per annum per unit
Management fee: 16% per unit with a Restoration Service Clause
Our seller is negotiable on the price particularly if you were interested in buying a parcel of units.
This is a fabulous investment to add to your portfolio..speak to your Finance Expert then call Ianne on 0407 864 656 for full details.