25 and 27 Charles Street STUART PARK NT 0820
These 2 Charles Street properties are up for ausale, with the opportunity to buy both or one. Both properties sit on 1,030sqm of land each, or a combined total of 2,060sqm. A fabulous chunk of land in a great, and sought after, suburb.
With an MD (multiple dwelling) zoning on both blocks it is a fantastic land-bank opportunity for re-development in a few years time, or to hold onto as is.
Number 25 Charles Street contains 2 units, a 3 bedroom and a 2 bedroom. Number 27 Charles Street has 2 units both with 2 bedrooms. All contain kitchen, laundry, living and dining facilities.
All have had long term tenants of up to 3-5 years, and all of them would love to stay on.
1/25 brings in $350 per week
2/25 brings in $250 per week
1/27 brings in $300 per week
2/27 brings in $280 per week
Put it all in your Super Fund, or live in one and rent out the other, or just buy one.
They are bullet proof investments, only a hop skip and a jump (5 minutes) to the city, shops, Waterfront, schools and a boat ramp.