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5 Nation Crescent Coconut Grove NT 0810

  • Bedrooms
    8
    Bathrooms
    6
    Unitblock
  • $1,200,000

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5 Nation Crescent Coconut Grove

A rare opportunity to buy 6 units in one block

Why buy one - when you can have them all!! Located in the thriving suburb of Coconut Grove - minutes from the city and Casuarina - this is an investors dream opportunity to secure not one, but 6 apartments that produce $92,000 in returns per year!.

This solid brick complex boasts features that not many do - like secure gated entry to the property, parking at the rear for each apartment, renovated interiors with a fresh modern approach and a clean and tidy communal area that the tenants all maintain nicely.

Upstairs are three apartments that each have balcony access at the rear. There are one and two bedroom options so the rental potential is diverse. Downstairs apartments share a communal courtyard which also has the clothes lines and access to the communal laundry on the ground level.

Each apartment is renting between $270.00 and $350.00 and there are 6 leases in place to ensure ongoing returns.

Downstairs consists of 2x1 bedroom units and 1x2 bedroom unit- has a modern kitchen layout, new tiles, two large bedrooms with built in robes and a modern bathroom as well as an open plan design.

Upstairs consists of 2x 1 bedroom units and...

  • General Features
  • Property Type:Unitblock
  • Bedrooms:8
  • Bathrooms:6

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LJ Hooker - Darwin
Elva Pearce,

Elva Pearce

LJ Hooker - Darwin
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