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Rare and exciting opportunity to purchase a residential investment showing 10% gross return. Complex is under lease to Northern Territory Affordable Housing Scheme until October 2026. Constructed in 2014, still enjoys plenty of depreciation. Gross Income is $60,840 Management fee to NT Government property department $8850.
Each dwelling features:
? 2 Bedrooms
? Open plan kitchen and living
? Airconditioned
? Single carport
? Rear yard
This is potentially a great 'Set and forget', high return property, suit mature investor or SMSF