1 Styles Street

Alawa NT 0810

Profitable Opportunity - 6 units - 2 bedrooms x 1 bathroom, situated in the well known suburb of Alawa, the small complex is within walking distance to local shops, public transport and local schools such as, Alawa Primary School & Casuarina Senior College and a short drive to Casuarina shopping square and Charles Darwin University You could be receiving approximately 9.57% gross return on the asking price, every owner's dream; Located on a SD (Signal Dwelling) site with 933 sqm on title; Complexes is self-managed with no body corporate management in place. Good cash flow, which gives you plenty of options. Council Rates:$8, 000 per annum Feature's included in all units: - Quality, Brick construction; - Ground level; - Most kitchens refurbished - Spacious and airy with louvers; - Built in robes in all bedrooms; - Shared external laundry area servicing all 6 units; - One big back yard to share; - Off the street carparks available - Fully tiled, air-conditioned and security screened throughout; Three current leases in place at approximately $280 per week each. This is a great opportunity for a wise, buyer to secure their future; sit back and reap the rewards. Extra information - Some minor upgrading required - Popular to tenants and has a great history of very short vacancy periods - Property to be sold as is