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Under Contract

Perfect Investment Opportunity in the top end with 6.21% gross rental yield

Looking to kick off your investment opportunity in the Top End, well look no future. This tidy, well maintained, low maintenance 4 x pack of units has just hit the market. 

Complex is strata titled, NO BODY CORPORATE only strata insurance for an annual fee. 

Annual income: $99,320 

Gross Rental Yield: Approx. 6.21%

 

Unit 1: 

Lease: 22/01/2022

Configuration 3 Bed x 2 x bath 2 x car

Rental Income: $440pw

Area Under Title: 367sqm

Rates: $1,737 per annum

 

Unit 2:

Lease: 21/07/2022

Configuration 2 Bed x 2 x bath 2 x car

Rental Income: $545pw

Area Under Title: 233sqm

Rates: $1,737 per annum

 

Unit 3:

Lease: 18/04/2022

Configuration 2 Bed x 2 x bath 2 x car

Rental Income: $520pw

Area Under Title: 211sqm

Rates: $1,737 per annum

 

Unit 4:

Lease: 29/01/2022

Configuration 3 Bed x 2 x bath 2 x car

Rental Income: $405pw

Area Under Title: 22sqm

Rates: $1,737 per annum

10 8 8
Address 3 Inverway Circuit, Farrar
Price UNDER CONTRACT
Property Type Residential
Property ID 398
Category Block Of Units

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Nikki Vazanellis photo

Nikki Vazanellis

0450 473 710
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