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18 Eden St, STUART PARK, 820, Northern Territory

$1,200,000
9
5
6

Property Id - HS58334
Click to enlarge (2 photos)

Intouch Realty

65 ALLWRIGHT STREET WANGARI NT 8100
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Price
$1,200,000
Bedrooms
9
Bathrooms
5
Car Spaces
6
Car Space Type
-
Property Type
Unit / Flat
Dwelling Size
-
Land Size
872 m2

A self funding option!

Situated in the blue chip suburb of Stuart Park, this property provides a stepping stone to your future. Featuring 2 x 4 bedroom 2 bathroom, 2 storey townhouses and a fully self contained 1 bedroom stand alone unit to the rear. The original construction of the front 2 townhouses was 4 x 2 bedroom units and the complex could be reverted back to the original floorplans with some structural modifications ie external stair case etc.
The full complex is currently receiving income at $1,350 per week. (rents achieved are through private rental and do not reflect the current market rates that may be acheived which are several $100 more).
The properties are situated on a large block zoned MD in a mixed dwelling location with several MD blocks currently under rezoning application to MR.
This is an ideal funding investment, many land banks ( MD Blocks) are purchased with no or low rental returns that do not go anywhere near covering the holding costs of said blocks. The financial freedom and income this property poses significantly more room for future developments and or holding.
The inner Darwin location of the property provides great access to the CBD without suffering the inherited traffic conditions, higher risk finance and higher holding costs. Although the condition... Read more of the properties is not wholly modern or new, the size, construction and vicinity to amenities still market this property to the higher rental market as well as the mid range.

Situated on 2 strata'd blocks this makes the purchase much easier when arranging finance and produces greater financial security.

Contact Sam Wilks on 0402 152 929 today to arrange an appointment.

If you would like to make an offer on the property go to
http://www.intouchre.com/page.php?page_id=16502. and download the PDF offer form attached.

Intouch Realty is a Darwin Owned Company. Our local expertise and deep knowledge of the property market sets us apart in the Darwin and Palmerston Market, and we'd love to connect with you and help you out in any way we can. Being a local Darwin Born agent, Sam Wilks started his business with a vision of providing successful results for both Sellers and buyers!

Seeking somebody who does return your calls?
Whether you're buying or selling contact Sam Wilks on 0402 152 929 and he will listen to your needs or go to http://connect.rpdata.com/sam-wilks to find out how Sam facilitates success!

More Features

Outdoor Features
view+
Garages 6 Remote Garage -
Outdoor Entertaining Area - Shed -
Balcony - Secure Parking -

Inspection Times

  1. Please contact the agent to make an inspection.

Street Statistics

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Street statistics for Eden St, Stuart Park

Dwelling Type Lowest Median Highest Growth
Houses $482,000 $665,000 $1,362,000 -0.47 %
Units $326,000 $418,000 $612,000 1.87 %
Disclaimer: © Residex Pty Ltd

Suburb Statistics

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Median House Value: $693,000

Median Unit Value: $477,500

House Median GraphUnit Median Graph
Measurement Houses Units
Median Value $693,000 $477,500
Median Weekly Rent (Gross) $565 $485
Suburb Rental Yields 4.25 % 5.30 %
Annual Number Of Sales 39 71
Average Vendor Discounting N/A 5.02 %
Average Listing Duration 214 days 109 days
Disclaimer: © Residex Pty Ltd
Find out which suburbs are predicted to have the best Capital GrowthGet Report
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Disclaimer: © Residex Pty Ltd

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1 Suburb data provided by Residex Pty Ltd
2 Suburb Home Ownership and Population data created by Residex Pty Ltd, using data provided by ABS (2006)

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