7 Blain StreetTennant Creek NT 0860
Property Details for 7 Blain St, Tennant Creek
7 Blain St, Tennant Creek is a 2 bedroom, 1 bathroom Unit with 24 parking spaces. The property has a land size of 8620m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in February 2007.
Last Listing description (October 2025)
On offer is a rare investment opportunity to purchase a complex of 12 duplexes of stand alone units, composing 24 units in total on 1 Title.
There are 16, 3 bedroom units, 8, 2 bedroom units, each with their own private rear yard, and 10 with a fully fenced front yards plus, all have their own private enclosed carport.
Current income is $306,500 pa with a possible net income of $557,000 pa once fully leased:
• 6 units under renovation (some up to 70% complete)
• 3 vacant at owners discretion
All current leases offer the security of being corporate or government tenants.
Additional features:
• 2 street frontage
• Commercial grade CCTV & alarms
• Each unit with multiple air-conditioners & BIR's
• Walk-in storage, linen, pantry
• Modern tones
Tennant Creek market has consistently shown very low vacancy rates & rent rates continually rise annually. The town is currently enjoying strong economic growth maintaining its sustainability.
Andrews Property have operated Tennant Creek for more than 15 years and can speak with confidence about the high rate of return that investors achieve long term.
For Sale by Expressions of Interest, closes 4 pm CDST, 28th February 2025 unless sold prior.
Property History for 7 Blain St, Tennant Creek, NT 0860
- 22 May 2025Listed for Sale Expressions of Interest
- 04 Dec 2024Listed for Sale Expressions of Interest
- 20 Sep 2016Listed for Sale From $219,000
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About Tennant Creek 0860
The size of Tennant Creek is approximately 42.1 square kilometres. There are 13 parks, covering nearly 1.3% of the total area. The population of Tennant Creek in 2016 was 2991 people. By 2021 the population was 3080 showing a population growth of 3.0% in the area during that time. The predominant age group in Tennant Creek is 30-39 years. Households in Tennant Creek are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Tennant Creek work in a community and personal service occupation.In 2021, 23.30% of the homes in Tennant Creek were owner-occupied compared with 29.70% in 2016.
Tennant Creek has 1,515 properties. Over the last 5 years, Houses in Tennant Creek have seen a 5.36% increase in median value, while Units have seen a 6.65% increase. As at 31 August 2026:
- The median value for Houses in Tennant Creek is $233,419 while the median value for Units is $437,123.
- Houses have a median rent of $580.
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