41 Grevillea Drive, Sadadeen, NT 870

Perfectly positioned on a generous corner allotment, this appealing duplex presents an outstanding opportunity for the astute investor. Offering strong rental returns and flexible living options, you can choose to live in one and lease the other, or simply enjoy the dual-income potential.

Both units feature 3 bedrooms, 1 bathroom, and private courtyards.

Unit A has been recently renovated, is neat and tidy, and currently vacant for the sale. A new tenant could be secured quickly if desired.

Unit B is leased to long-term tenants and remains in its original condition.

Rental Returns

* Unit A: $500-$520 per week (estimate)

* Unit B: $450 per week (periodic lease)

* Combined estimated rental yield: approx. $50,440 per annum

* Estimated gross return: just under 9%

Rates: $4273.12 p/a

Insurance: $3040 p/a

Water & Sewage: $2550 p/a approx

This property has served as a long-term investment for the current owners and is now ready for its next chapter. With strong rental appeal and excellent earning potential, it's a smart addition to any investment portfolio.

Contact Lindsay today to arrange an inspection or to find out more.