78/52B Mitchell Street, Darwin NT 800

Want a starting investment with returns of up to $9,068 per annum? Want a long term lease in place and scheduled CPI increases? Well look no further as Melaleuca on Mitchell is your answer.

THIS IS 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 require's a quick sale, so enquire today and call me on 0447 052 948 for more information!

* Secure 17m2, one bedroom (6 bed dorm)
* Two entertainment decks
* Licenced 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

Maintenance Fee: $143.25 per qtr
Council Rates: $999.66 per annum