4 Princeton Place, Durack, NT 0830

Must sell - buy at $520,000 - 6%pa potential return

$507,000

Description

Priced to sell at below the median suburb price this 3 bedroom 1 bathroom home is a prime investment opportunity at just $520,000. Given current market appraisals of anywhere between $550-$600pw for similar homes, it could potentially earn you a 6%pa gross return on investment or more depending on sale price. Make an offer as owners are motivated to sell quickly!!!

Why Durack?
*Capital growth of 5.7% in Durack last 5 years
*Median returns of 5.8% - higher than the average for other NT suburbs
*Median rental in Durack $600pw
*Walking distance to schools, shops, childcare centres. Prime position real estate with golf course on your doorstep. Public transport easy access. Minutes to Palmerston CBD.

The house was originally built in 1997 as part of Delfin's "Fairway Waters" development when Palmerston saw the first of it's NEW home estate communities get underway. Since then this suburb has remained THE most desirable suburb in Palmerston where residents aspire to move to. Healthy capital growth and rentals growth as well as low days on market is evident of Durack's popularity.

For added peace of mind, a full Building Status Report and Pest Report in May 2014 (full pest treatment done) has already been paid for. Saving prospective purchasers dollars at contract time!

This home has got everything & it's in immaculate condition. Freshly painted for sale.

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