73 Sabine Road, Millner NT 810

Explore this Outstanding Investment Opportunity!!

Meticulously cared for, this modern, well maintained, thoughtfully designed complex offers 9 x 2-bedroom units each with ensuite to master, fully tiled and airconditioned throughout and storeroom adjacent to the secure carparking.

• Massive 8% gross yield (7% Net)
• $242,540 current rental return per annum
• 9 x 2 bedroom, 2 bathroom units
• Low vacancy, long term tenants
• Individually Strata titled complex
• Built 2014 - (great depreciation available)
• Complex has an Elevator for convenience
• Intercom access and remote control gate
• Secure undercover carparking
• Storage rooms adjacant carparks
• Self managed Body corp
• Professionally rental managed by Real Estate Central
• All in excellent condition with great tenants

Boasting a strategic location within walking distance to the Millner Primary School, a mere stroll away from Jape Homemaker Village and centrally located to the Darwin CBD, Casuarina Shopping Centre, Marrara Sporting complex and Darwin International Airport, this property offers unparalleled convenience.

The exterior of the building has been rejuvenated with a fresh coat of neutral paint complemented by vibrant, fully irrigated gardens creating an inviting ambiance.

Contact me now for full details and to arrange a viewing!

Ingoings -
Rent: $242,840 ($510 -540pw each)

Outgoings -
Total Outgoings: $34250 (approx) see below

Itemised outgoings -
Council Rates: Approx. $14,320 per annum total (Approx.$1700 per unit)
Insurance: $7,130.00 (approx)
Water and Sewerage: Approx. $3,371 per annum (approx)
Other outgoings: $9450 per annum (approx)

Other details -
Year Built: 2014
Zoning: MR (Medium Density)
Status: Full Occupancy - All apartments rented through Real Estate Central
Body Corporate: Self-Managed
Vendors Conveyancer: Aquarius Conveyancing