3 Wangalara St, Tiwi, NT 0810

**PRICE DROP** SOLID INVESTMENT PROPERTY! ABOVE AVERAGE RETURN ON INVESTMENT

$530,000

Description

**PRICE DROP**
Amazing investment opportunity. With interest rates the lowest Australia has seen for as long as I can remember, now is the perfect time to invest in a property with a return on investment above the Darwin average - 6.58%
ALL OFFERS CONSIDERED
A fantastic opportunity exists for the savvy property investor or homeowner to acquire a well structured investment property in the tightly held northern suburbs of Darwin.

Whether looking to invest long term or occupy down the track, this property has all the basics covered, plus more

Currently being tenanted until mid April 2017, the main dwelling features:
3 bedroom, 1 bathroom, separate toilet
Plus Walk in Robe and ensuite off master bedroom
Louvres throughout
Fully air conditioned - recently sanitised
Freshly painted rooms
19 solar panels, reducing electricity by average 50% along with 6-6 meter installed for even higher savings
Unfurnished house is renting at $460 per week

The outdoor living area is ready for entertaining and is complete with kitchenette, undercover patio sealed with easy to maintain pebblecrete and a luxurious in-ground, fully fenced saltwater pool and spa!!

A further bonus is a spacious 50sqm (approx) 1 bedroom, partially furnished (white goods) and self-contained granny flat.
The flat is currently tenanted at $300 per week until July 2017, making it a solid long term investment
This was an investment unit when I lived in the house
Together with the main house currently returning $760 per week, a 6.58% ROI, well above current Darwin averages

This home is situated in a family friendly suburb, in a quiet street
5 minutes from
- Casuarina Shopping Centre
- Beach
- Hospital
- Primary School
2 minutes from
- Bus stop
- High School

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Looking to Sell Your Own Property?

In Australia, there is no requirement to use a real estate agent to sell a property. Selling yourself is legal and does not require any specific license.

By selling yourself, you can save a significant amount of money on agency commissions.

To learn more, please visit: For Sale By Owner