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SECURE INCOME – WHY NOT TAKE TWO!

This is a great little earner for a modest outlay returning a respectable $9,765 a year. Why leave your money in the bank. Do the calculation. With a CPI review due soon with this high returning investment you are guaranteed an annual income far superior than bank interest. Mitchell Street is the action strip of Darwin packed with Restaurants, Bars and a Cinema. It is such a great location enjoyed by both local Darwinian's and tourists.

- Comfortable tourist accommodation in prime city location
- Convenient shopping at the Mitchell Centre across the Street
- Second floor studio style apartment with attached bathroom
- Secure Lease in place to December 2019 plus Right of Renewal
- Current quarterly payments $2,441.42 with a CPI review shortly
- Small owner outgoings – Sinking fund $150 per quarter
- Plus a $1,057 contribution towards the Council Rates
- (Replacement of owner chattels may occur from time to time)

Call today if this sounds interesting to you!
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Address 65, 50 Mitchell Street, Darwin City
Price SOLD for $67,500
Property Type Residential
Property ID 990
Category Unit

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Leah Gelder

0439 886 991
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