20 Hannibal Crescent, Gray, NT 0830 | House for sale | OnTheHouse
 
FOR SALE
Auction 21st of Feb 2026

20 Hannibal Crescent
Gray NT 0830

Bedrooms: 9
Bathrooms: 7
Car spaces: 9
Land area: 835m2
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Unicorn Investment!!! Rare, Profitable, Ready!!!

Offered for auction, this is a genuinely rare, unicorn investment opportunity that will immediately resonate with the shrewd, yield-focused investor. Large-scale, income-producing assets with this level of flexibility, separation, and upside are exceptionally uncommon and are seldom brought to market.
Purpose-built for performance, the property comprises nine bedrooms and seven bathrooms, intelligently configured to maximise rental potential. A standout feature is the dual street frontage with two completely independent entrances, allowing for versatile multi-tenancy and diversified rental strategies. The property is further enhanced by separate electrical meters throughout, providing operational clarity, simplified management, and strong appeal for long-term investors. The inclusion of solar power helps reduce operating costs and supports improved net returns.
The asset is already generating approximately $1,200 per week, with immediate and clearly defined upside. By leasing the currently owner-occupied component�comprising three bedrooms and two bathrooms�total income can be increased to approximately $1,900 per week.
For investors who recognise value-add opportunities, there is further scope to create a 10th bedroom with minimal capital expenditure, unlocking an additional estimated $250 per week. Once fully optimised, a shrewd investor could reasonably expect gross returns approaching 9%, a compelling result in today's market for a property of this scale and configuration.
Beyond its strong financial fundamentals, the property also delivers on tenant appeal and security. Features include an eight-person spa, undercover parking, and remote-control security gates, all of which enhance liveability, safety, and rental demand.
Properties of this nature�large-format, separately metered, dual-access investments with proven and expandable income streams�are exceptionally rare. For investors who understand yield, scalability, and future-proofed design, this auction represents a standout opportunity to secure a truly unique, high-performing asset.
Onsite Auction: 21st of Feburary 2026 at 10.30am

Property Details for 20 Hannibal Cres, Gray

20 Hannibal Cres, Gray is a 9 bedroom, 7 bathroom House with 9 parking spaces. The property has a land size of 835m2. The place is currently for sale with LJ Hooker Darwin.

Building Type
House
Land Size
835m2
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About Gray 0830

The size of Gray is approximately 1.5 square kilometres. It has 10 parks covering nearly 14.7% of total area. The population of Gray in 2016 was 3288 people. By 2021 the population was 3142 showing a population decline of 4.4% in the area during that time. The predominant age group in Gray is 0-9 years. Households in Gray are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Gray work in a trades occupation.In 2021, 46.60% of the homes in Gray were owner-occupied compared with 46.40% in 2016.

Gray has 1,477 properties. Over the last 5 years, Houses in Gray have seen a 56.73% increase in median value, while Units have seen a 40.57% increase. As at 31 January 2026:

  • The median value for Houses in Gray is $557,826 while the median value for Units is $341,551.
  • Houses have a median rent of $570 while Units have a median rent of $500.
There are currently 4 properties listed for sale, and 2 properties listed for rent in Gray on OnTheHouse. According to Cotality's data, 109 properties were sold in the past 12 months in Gray.

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Michael Coleman
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LJ Hooker Darwin
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