9/156 Smith Street, Larrakeyah, NT 820

9/156 Smith Street, Larrakeyah, NT 820 Investor Alert: Profit Potential You Can't Ignore 7.5% Yield

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https://vltre.co/yZ3xh7

Key Details:

Body Corporate: Whittles Body Corporate

Body Corporate Rates: $1,435 Per Quarter (Approximately)

Council Rates: $1,700 Per Annum (Approximately)

Easements: None Found

Land Area: 127m?

Property Status: Leased @ $550 Per Week. Lease Expiry 18/9/25. NB. Property is sold with lease in place.

Sellers Conveyancing Agent: Lawlab

Year Built: 1980

Zoning: HR (High Density)

Complex Amenities

Lift: No

Swimming Pool: Yes

Solar Panels: No

Pets: Upon Application to the Body Corporate

No. of Units in Complex: 18

Unlock the Potential of Prime CBD Real Estate

Step into a lucrative investment with this first-floor apartment, perfectly positioned in the heart of Darwin's vibrant CBD. Offering a substantial 7.5% yield, this property is ideal for investors looking to capitalise on high rental demand and strong returns.

Secure, Low-Maintenance Living

The building boasts an active body corporate and a secure gated entry, enhancing safety and appeal. The apartment includes a dedicated parking bay and easy stair access to a sheltered walkway leading to the entrance.

Attractive Tenant Features

Inside, discover two bedrooms each equipped with built-in robes and air conditioning. Large, light-filled windows invite natural light and gentle breezes, making the space more inviting for tenants. The bathroom features a retro flair with a bathtub/shower combo and a separate toilet, adding character.

Versatile, Open-Plan Living

The spacious open-plan living and dining areas provide flexibility for tenant customisation. The kitchen features wrap-around counters, built-in storage, and a breakfast bar, while the living areas open onto a front-facing balcony with streetscape and pool views.

Enhanced Amenities for Tenants

The complex includes a secure swimming pool and an outdoor entertaining area with landscaped gardens, all within a secure entry point. These features increase the property's appeal and desirability.

Prime Location for Strong Rental Demand

Just 5 minutes from the CBD, this apartment offers tenants a convenient lifestyle with reduced commuting time. They can enjoy quick access to cafes, restaurants, and the nearby Waterfront Precinct, Cullen Bay, and the Esplanade-all basking in tropical sea breezes.

Maximise Your Investment Potential

Don't miss out on this opportunity to acquire a high-yield property in a sought-after location. Contact us today to explore the benefits and potential of this standout investment!

Brochure Points:

? 2 bedroom inner city abode for the discerning buyer

? First floor apartment in a secure complex

? Active body corporate has installed a new gated entry point and freshly painted

? Swimming pool in the complex with communal yard space to enjoy

? Single car parking bay, stair access to the first floor

? 2 bedrooms each with a built in robe and AC

? Bathroom has a bath / shower combo and sep toilet

? Hallway linen press for additional storage space

? Large open plan living and dining areas

? Kitchen has OG tiles, wrap around counters and breakfast bar seating

? Sliding doors from the living areas through to the balcony

? Balcony overlooks the swimming pool and streetscape views

Around the Suburb:

? Walk to the CBD in moments

? Jump on a purple scooter to shoot in the city

? Nearby cafes, employment and more

? 5 minutes to the Waterfront Precinct

? 5 minutes from Cullen Bay Marina