31 Bowrey Crescent

Farrar NT 0830

+ Split system air-con In all Bedrooms and living areas and fans to ALL bedrooms
+ Carpet in bedrooms and tiles throughout
+ LED down-lights throughout
+ Window furnishing to sliding windows and doors
+ Colorbond insulated roof
+ Landscape allowance

Optimising Investment Returns from Real Estate
+Exposure to strong capital growth forecast in Darwin
+Home designed & built to take max advantage of depreciation allowances
+Energy efficient home - better returns for the owner

Farrar is a suburb of Darwin in the Northern Territory. It is located approximately 16kms from the capital Darwin. Farrar has a recorded population of 1518 residents and is within the Australian Central Standard Time zone Australia/Darwin.

It's one of the highest gross rental yields in the country, and Darwin should probably be regarded as a viable property alternative to the declining markets of Australia's biggest capitals. The vacancy rate of 0.6 per cent makes it the tightest rental market in mainland Australia, at almost half that of the national average of 1.1 per cent. Current Vacancy Rates for Farrar sit at 0.6%.

Furnished and equipped shared living properties are a great choice for investors, as these are in high demand due to Darwin's substantial number of defence workers.

Shared Living investment properties provide Single, like-minded flatmates or even seniors to secure affordable rental accommodation in generously sized, fully furnished accommodation with the bonus of no owner or landlord living on the premises.

Each Tenant has their own lockable bedroom with a personal bathroom, individual lockable pantry and Linen cupboard. Each bedroom is
separately Air Conditioned with ample secure parking.