5 Nation Crescent Coconut Grove, NT

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5 Nation Crescent Coconut Grove, NT

A Rare Opportunity to Buy 6 Units in One Block

Auction Location: 5 Nation Crescent, Coconut Grove.

Why buy one - when you can have them all!! Located in the thriving suburb of Coconut Grove - minutes from the city and Casuarina - this is an investors dream opportunity to secure not one, but 6 apartments that produce $92,000 in returns per year!.

This solid brick complex boasts features that not many do - like secure gated entry to the property, parking at the rear for each apartment, renovated interiors with a fresh modern approach and a clean and tidy communal area that the tenants all maintain nicely.

Upstairs are three apartments that each have balcony access at the rear. There are one and two bedroom options so the rental potential is diverse. Downstairs apartments share a communal courtyard which also has the clothes lines and access to the communal laundry on the ground level.

Each apartment is renting between $270.00 and $350.00 and there are 6 leases in place to ensure ongoing returns.

Downstairs consists of 2x1 bedroom units and 1x2 bedroom unit- has a modern kitchen layout, new tiles, two large bedrooms with built in robes and a modern bathroom as well as an open plan design.

Upstairs consists of 2x 1 bedroom units and 1x2 bedroom unit with open plan living and dining, balcony access, bathroom and hallway linen press, bedroom with built in robe and full sized kitchen with breakfast bar.

• Leases in place for all 6 apartments
• The units have recently been renovated and freshly painted
• 1 and 2 bedroom options for versatile renters
• The units are fully air-conditioned
• Upstairs apartments have balcony access
• Off street parking for 6 cars at rear of property
• Communal laundry
• Communal courtyard spans the length of the property
• Low maintenance garden
• Secure gated entry (no PA system)
• Solid brick building
• Located 15 minutes to the Darwin CBD and Casuarina
• Great location and very sought after rental premises due to the convenient location

Council Rates $8,106 per annum
Electricity approx $200 per annum
Water approx $5,300 per annum

Property Type: Block of Units
Return to Auction Calendar.
Source: https://darwin.ljhooker.com.au/unitblock-in-coconut-grove-nt-0810-au-4kxuf2x#.WacbPsZLepo

For more information on a Darwin home loan from a Darwin mortgage broker call today on 0447 499 794. You can access our Mortgage Calculator here.

Auction Date: 

26/08/2017 - 11:00am


Asset Finance

If you are looking for asset finance we can arrange a loan for:

  • Motor Vehicles
  • Motor Bikes (roadworthy & registered bikes)
  • Motor Bikes (off road bikes & all-terrain vehicles)
  • Caravans, Campervans, Motorhomes
  • Marine (Boats, Jet Skis)

Private sale ok.

Personal Loan

Personal Loans Interest rates from 9.99% p.a. to 21.74% p.a.* (comparison rate)** based on your circumstances.

  • No hidden upfront or ongoing fees
  • $0 establishment fee and $0 monthly account keeping fees
  • Smart online application
  • Apply online from any device, from start to finish in 15-20 minutes
  • Competitive interest rates

Easy Steps to get your Personal Loan

1) Call Nick Kirlew on 0447 499 794 to arrange a phone call or personal visit.

2) Understand the best way to achieve your goal.

Nick Kirlew Darwin Mortgage Broker

Arafura Finance Brokers is an Authorised Representative (No. 420372) of BLSSA Pty Ltd, ABN 69 117 651 760. Australian Credit License Number 391237.
Find us on Facebook: Arafura Finance Brokers
Contact Nick Kirlew Mortgage Broker on 0447 499 794.
Darwin, Refinance, Home Loans, First Home Buyer, Mortgage Brokers.

2/6 Montoro Court Larrakeyah NT 0820