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Sold

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 SOLD for $1,600,000
Property Type Residential
Property ID 398
Category Block Of Units

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Agent Details

Nikki Vazanellis photo

Nikki Vazanellis

0450 473 710
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Recently we purchased our new home through core realty and Nikki is very personable and was a pleasure to work with. Didn’t matter time of day she always communicated and kept us updated. Would be happy to deal with her and the agency in the future.

Nikki was professional, punctual, and most helpful with her knowledge during the whole process making you feel at ease and in good hands from contract signing to settlement.

We were looking for our second home in Australia and first in Darwin and had small window to turnaround things. So, I call most of known RA agents in city and guess what, Nikki pull off a sort of magic to fit things within my expectations. The way see approach, the confidence and most important authenticity it's all work out. She is super professional so you can expect transparency. The house-warming gifts we didn't expected. I am writing this reference after four months living in house that includes a earthquake 7.2 approximately- Nothing changed.

Very punctual. Quick and easy negotiations

Nikki is very good seller nice and very friendly. I am highly recommend her to family and friends with her excellent experience seller.

Nikki is an enthusiastic and committed professional. She gave use good suggestions on maximisig the property value and tried persistently to find the right buyer for us. We would recommend Nikki to anyone.