8 Queen Street, Stuart Park NT 820

Located close to Darwin’s thriving CBD is this block of 6 x 2 bedroom units.
Occupying 1,110 square metres of LMR zoned land this is a smart positively geared investment.

• 6 units, each unit consists of 2 bedrooms and 1 bathroom.
• Low-Medium Density Residential zoned block 1,110 sqm
• 9 off street carparks
• Year built 1974
• Not strata titled
• Self-managed body corporate
• Tenants pay power
• Landlord pays water
• Current rent approx. $1850 per week currently rented below market value
• Multiple long-term tenants in place

With the strongest returns of any capital city this is a great time to secure this savvy investment.

Walking distance to beautiful Dinah Beach and Tipperary Waters Marina from this central Stuart Park location that’s also ideally set just minutes to the city.
Contact the listing agent Stewie Martin for more info.

Council Rates: Approx. $9560 per annum
Insurance: Approx. $4739 per annum
Water & Sewerage: Approx. $7284 per annum
Area Under Title: 1110 sqm
Zoning: LMR (Low-Medium Density Residential)
Status: Vacant Possession
Body Corporate: Self Managed
Building Report: Available on request
Pest Report: Available on request
Settlement period: 45 Days
Deposit: $20,000
Easements as per title: Sewerage Easement to Power and Water Authority