Elevated Allotment: Double the Investment, Double the Comfort

6/16 HENRY STREET, STUART PARK

**Auction Saturday 18th November at 10.30am (unless sold prior).

Nestled at the forefront of this development, on an elevated allotment 746 square metre allotment, this distinctive townhouse presents a remarkable investment opportunity. With two separate tenancies providing annual income of circa $43,100, it's a dream come true for investors looking to maximize their returns.

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. Your opportunity to own a slice of paradise awaits.

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.

Leased until 7th August 2024 at $19,760 per annum.

Downstairs: Another fully self-contained unit with a kitchen, generous living area, two bathrooms, 3 bedrooms and its own front courtyard garden – perfect for young families for the entertainer.

Leased until 3rd March 2024 at $23,400 per annum.

Features a large front yard for added convenience.

This property is not just about income; it's about a lifestyle. It's peacefully situated on the fringes of Darwin's thriving CBD in a tight-knit community setting with tree-lined streets and gentle sea breezes. Welcome home to a serene and prosperous investment.

Parking: with a double under-cover car parking and additional space for two extra cars, a townhouse rarely has this type of feature for those car lovers – which also provides ample parking for the dual tenancies.

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.
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. This makes shopping for daily necessities or indulging in some retail therapy a convenient affair. Stuart Park is close to a number of schools, both primary and secondary. If you have a family or are planning for the future, it's reassuring to know that quality educational institutions are nearby. Access to healthcare is crucial, and Stuart Park offers proximity to medical facilities and clinics, ensuring that your health needs are well taken care of.

Don't miss this exceptional opportunity to invest in a property that combines solid income potential with a tranquil and convenient lifestyle. Contact Judy Truong on 0412 892 462 or Rhett Dolphin on 0457 187 599 today if you would like further clarification.

Auction Saturday 18th November 2023 @ 10.30am (if not sold prior) with Saturday inspections scheduled 1.00-1.30pm between now and the auction day.

#Investment #Opportunity #DarwinLiving #StuartPark

Land on title 746 square metres

Agent: Judy Truong 0412 892 462


Council Rates: appx $1,700 per annum
Year Built: 1999
Area Under Title:
746 sqm
Zoning: MLR (Low-Medium Density Residential)
Body Corporate Manager: Elite Strata Management
Body Corporate Levy: $2,385.50 per quarter (including $650 sinking fund)

Upstairs :Leased until 7th August 2024 at $19,760 pa
Downstairs :Leased until 3rd March 2024 at $23,400 pa
Settlement period: 30 days or variation on request
Deposit: 10% or variation on request
Easements as per title:
None Found