$1,350,000
97 + 99 Ambrose Street, Tennant Creek NT 0860
House
999
Block size: 2000 m² approx.
An Investment Like No Other
Gross rent income of $161,200 pa showing 12% return on investment.
This property has been tightly held in a family portfolio as a jewel in their crown of income.
Due to retirement and relocation, this investment opportunity is now available to be purchased.
Situated on approx. 2000 sqm of land is a collection of 9 dwellings all securely leased.
Generally described as transportable dwellings, they have been refurbished and are quite sort after showing minimal vacancy rate.
What we like about this property:
• Location adjacent main street
• Fenced allotment
• Landscaped
• Multiple income stream from 9 tenancies
• Appeals to corporate tenants and sole occupiers.
• Attractive rent return
• Rent amounts reflect current market conditions
• Township region as low vacancy rates
It is rare to see genuine high return residential property come available, this is an easy property to own generating great income.
This property has been tightly held in a family portfolio as a jewel in their crown of income.
Due to retirement and relocation, this investment opportunity is now available to be purchased.
Situated on approx. 2000 sqm of land is a collection of 9 dwellings all securely leased.
Generally described as transportable dwellings, they have been refurbished and are quite sort after showing minimal vacancy rate.
What we like about this property:
• Location adjacent main street
• Fenced allotment
• Landscaped
• Multiple income stream from 9 tenancies
• Appeals to corporate tenants and sole occupiers.
• Attractive rent return
• Rent amounts reflect current market conditions
• Township region as low vacancy rates
It is rare to see genuine high return residential property come available, this is an easy property to own generating great income.
Inspections
No open inspections scheduled.
Send an enquiry
Contact Warren Andrews to learn more about this property, request an inspection or take an online tour.
Key details
Bedrooms:
9
Bathrooms:
9
Garage Spaces:
9
Property type:
House
Block Size:
2000 m²*
Other Details
Maps and area information
Block information
Block size: 2000m² (approx)
No block information available
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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Property history
We couldn't find any history for this property.
See Tennant Creek's suburb profile
Tennant Creek suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
35 years
Population
3,080
Listing ID: 182182780. This listing has been viewed 13 times. It was first displayed on 22/12/2023 and last updated on 08/01/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.