33/52 Mitchell Street

Darwin City NT 0800

Here is an opportunity to secure a no hassle and fuss free investment with low vacancy rates and high yield return with Darwin's most popular backpacker accommodation. The annual expenses are minimal, completely tax deductible and provide a guaranteed great return for your investment portfolio.What this means for you the savvy investor, is that your investment will be favored by the majority, as this hostel has low vacancy rates due to its location in proximity to food outlets, nightlife, grocery store, public transport and all amenities being within minutes of walking distance. That combined with Melaleuca 81% customer rating and being located in the hub of the city's entertainment precinct, it's the pick of the bunch!What we love about this property:- One bedroom / shared dorm, currently configured to sleep up to four people- Storage lockers for each guest- Beds and linen- Fully air conditioned with fans and secure key entry- Internal lift and premium Wifi- Huge and impressively equipped communal kitchen - Huge lower outdoor deck with 2 pools with waterfall, BBQ area and a licensed bar - Upper level deck with communal laundry and sweeping views of city- Clean and well maintained communal shower/toilet amenities for ladies and gents- Dart Board and pool tables - Communal dining room- Communal TV room with Netflix- Reception and tour desk are open 24 hours Located on the Darwin's main arterial road, the pulse of the city and home to a buzzing and vibrant hive of activity, is multi award winning Darwin YHA - Melaleuca on Mitchell. A high quality hostel with a resort style appeal with extra facilities to ensure guests are secure and enjoy their stay.The current owner has placed the property on the FASTRAK sale process and is willing to look at all offers as there is no set price. "Make a Start with Team Derek Hart"Elders will be practicing all required safety measures during an inspection and where possible will provide gloves and hand sanitiser.