87 Ryland Road, Rapid Creek NT 810

Text '87RYL' to 0488 810 057 for all property information.

Solid block of flats in great suburb.

Nothing complicated to manage: 6 units in total, three at ground level with front court yards and three upstairs with balconies, all with allocated parking within the complex.
Management costs kept at minimum as construction is clean and efficient: easy to maintain common areas and generous enough to make living in any of the units quite comfortable.

All 6 units of the complex are fully tiled with Air-Conditioning and full occupancy rate.

Each unit presents as follows:
- 2 air-conditioned bedrooms with built-in robes.
- Central bathroom with internal laundry.
- Open-plan air-conditioned living, dining and kitchen with breakfast bar.
- Sliding patio doors leading out to veranda.
- The 3 First floor units have balconies and breezes.
- The 3 Ground floor units have fenced grassed gardens.
- On the property exists a shed for maintenance items, an out of sight clothes drying area and covered carports.

The convenient sought-after location of this unit block is fantastic and has good Tenants.

Investments such as this are rare.

Excellent location up the road from Essington School, close to Tennis courts, Cafe Central/Butcher/Salon, Foreshore walking/fitness trail and just a few blocks to Rapid Creek shops/week-end markets, childcare centre, a community garden, and the beach. Bus stop at doorstep taking your tenants to Casurina Shopping Centre, CD University, Royal Darwin Hospital and the CBD.

Already thinking of a proposal for this owner? Let’s get in touch and discuss it.


Year Built: 1982
Area Under Title: 953 sqm
Zoning: SD (Single Dwelling)
Status: 100% occupancy rate
Rental income per week: $1,870 pw
Rental income per annum: $97,240
Council Rates per annum: Approx. $8,400
Water sewage per annum: Approx. $5,000
Settlement period: 30 days
Deposit: 10% or variation on request
Easements as per title: Sewerage Easement to Power and Water Authority