$99,950
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10/51 Mitchell Street, Darwin City NT 0800

Apartment111

PURE INVESTMENT, PAYS IT OWN WAY

All units are being completely gutted and renovated and will have no no access available until completion in late February.  

A new long term lease is also being negotiated currently.

NEW PHOTOW WILL BE POSTED ON COMPLETION.

Thank you for your patience.

THE SET AND FORGET INVESTMENT!!!

NEWLY & COMPLETELY RENOVATED FEBRUARY 2021

Looking for better returns than the bank and bond?

Dont feel like gambling your savings away on the unpredictable stock market?

Do you just want to put your money to work for itself and reap the rewards?

NO HASSLE, NO CARES, JUST CONSISTENT RETURNS!!!

THE VALUE INN TO BE RE NAMED has an opportunity for you to buy in and reap the consistent rewards with a new lease being negotiated to start after the completion of the renovations in early to mid 2021.

The property is situated in the heart of the tourist belt in Darwins CBD.

The property shares the pool and amenities with Melaleuca apartments lowering up keeping costs while providing superior budget accommodation.

The fully serviced 12m2 apartment offers a bed sit arrangement, sleeping 3 and has a bathroom and parking space.

The out goings are approximately $1,400 P.A. for body corporate and $860 P/A for council rates.

The income for this year was $5,000 reviewed annually. Due to increase with renovations and new lease in 2021.

Do the maths and see your returns currently at 5.6%P/A gross annually with room for growth up to 10% over time.
Performing better than banks and safer than shares.

Call Julio Leschi NOW for details.

Features include: Ensuite(s),Secure parking,Air conditioning,Ground floor,Ensuite,Built in wardrobes,Furnished,Cable or Satellite,Broadband internet access,City Views,Secure Parking,Fully fenced,Swimming Pool
Can I afford this property?

Inspections

No open inspections scheduled.

Send an enquiry

Contact Julio Leschi to learn more about this property, request an inspection or take an online tour.

Key details

Property Type:Apartment
Stamp Duty:$1,990*
*These are approximate values based on available information.

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Average Age
33 years
Population
6,464
Darwin City's Property Profile
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Real Value Properties NT

Real Value Properties NT

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Julio LeschiReal Value Properties NT
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Listing ID: 179135719. This listing has been viewed 13 times. It was first displayed on 22/01/2021 and last updated on 22/01/2021.