2/5 Manila Place

Woolner NT 0820

Perfectly positioned in the popular city-fringe suburb of Woolner, this well-located two-bedroom unit presents a fantastic opportunity for investors seeking an established property with an immediate rental return.Currently leased at $600 per week, the property offers income from day one and an easy-care investment in a location that continues to attract strong tenant demand.The functional layout offers two well-proportioned bedrooms, a central bathroom and comfortable open-plan living and dining, creating a practical home suited to singles, couples and professionals alike.One of the major drawcards is the location. Woolner provides the convenience of inner-city living without being right in the middle of the CBD, with Darwin City, Stuart Park, Parap and the waterfront precinct all within easy reach. Major arterial roads are also nearby, making commuting around Darwin simple.For investors looking for a low-maintenance property with an existing tenant already in place, 2/5 Manila Place is well worth consideration.Property Features:-Two spacious bedrooms with built-in robes-Generous open-plan living and dining area-Functional kitchen with ample cupboard and bench space-Stainless steel oven and rangehood-Split-system air conditioning-Ceiling fans throughout-Tiled living areas for easy maintenance-Central bathroom-Separate internal laundry-Covered outdoor patio approximately 3.5m x 3.4m-Security screens-Practical and spacious floorplan-Low-maintenance apartment livingComplex Features:-Established residential complex-Tropical landscaped surrounds-Covered outdoor areas-Convenient Woolner location-Easy access to Darwin CBD and surrounding suburbsLocation:Woolner continues to be a popular inner-city location, offering excellent access to Darwin CBD, Parap, Stuart Park and surrounding employment and lifestyle precincts. With major arterial roads nearby, the property provides an easy commute while still enjoying a quieter residential setting.Other Information:Council Rates: Approx. $1,891 Approx per annumArea Under Title: 135mStrata: Whittles $997.00 approx p/qYear Built: circa 1999Status: Tenanted currently returning $600 per week Lease Ex: 29/4/27Easements as per Title: None as per titleVendors Conveyancer: TBASettlement Period: 30 days preferredContact Skye Kemmis or Jeremy O'Donoghue at First National O'Donoghues for further information or to arrange an inspection.