Unit 6/16 Henry St Stuart Park NT 0820
$595,000
Nestled at the forefront of this development, on an elevated allotment 746 square metre allotment, this distinctive dwelling presents a remarkable investment opportunity. With two separate tenancies providing annual income of circa $46,800, it's a dream come true for investors looking to maximize their returns. The block is zoned LMR (Low-Medium Density Residential) which opens up a range of development opportunities now or in the future.
But it's more than just an income generator; it's a gateway to a tranquil lifestyle. Located in the peaceful outskirts of Darwin's bustling CBD, this property is part of a close-knit community characterized by tree-lined streets and refreshing sea breezes.
Invest in serenity and prosperity, with the added potential to enhance value, in one of Darwin's most sought-after suburbs.
Upstairs: Fully self-contained unit with a kitchen, spacious living room, a large balcony, and 3 bedrooms, 1 bathroom, laundry facilities and uninterrupted views over the rooftops of adjoining properties.
Downstairs: Another fully self-contained unit with a kitchen, generous living area, two bathrooms, 3 bedrooms and its own front garden – perfect for young families for the entertainer.
Leased until April 2025 at $20,800 per annum.
Features a large front yard for added convenience.
Parking: with a double under-cover car parking and additional space for two extra cars.
Stuart Park is situated just on the outskirts of Darwin's central business district (CBD). This means that you're only a short distance away from all the major commercial and entertainment hubs of the city. You can easily access the CBD for work, shopping, and dining. Darwin International Airport is only a 10 minutes drive away. Transportation: Stuart Park enjoys excellent connectivity. You have easy access to public transportation, making commuting within the city a breeze. This includes bus services and road networks.
The suburb features a variety of cafes and restaurants where you can indulge in a diverse range of culinary experiences. Whether you're in the mood for local cuisine, international dishes, or a casual coffee, you'll find options within close proximity to Henry Street. You'll find retail stores, boutiques, and shopping centers within easy reach. Stuart Park is close to a number of schools, both primary and secondary. Stuart Park has its own medical facilities and clinics.
Don't miss this exceptional opportunity to invest in a property that combines solid income potential with opportunity to develop now or in the future.