Sold | Block of Units | 31 Larapinta Drive, Araluen NT 0870 | $685,000

5 UNITS + 1 TITLE = POTENTIAL

  • 6 Bed
  • 5 Bath
  • 5 Car
  • 1,100 sqm (approx) Land Area

Very rare offering, four, one bedroom units and one, two bedroom unit on one title and all rented. The one bedroom units have been upgraded with the two bedroom unit in need of some work when the long term tenant moves on. With income potential of $1,300pw or $67,600pa this is a great investment property. They have enjoyed a very high occupancy rate in their history and would compliment any investors property portfolio.

• 4 x 1 bedroom units and 1 x 2 bedroom unit

• All units fully tiled throughout

• Units included electric stove, fridge, microwave and washing machine

• Each unit has access to its own yard

• Split system air conditioner and ceiling fan in living rooms

• $250pw for 1 bedroom units

• $300pw for 2 bedroom unit

Situated on Larapinta Drive close to the Milner Road intersection this complex is close to shops, schools, Clubs and a short stroll to the CBD or the Elder Street Industrial area.

Priced to sell we would recommend you act quickly and arrange an inspection so you can see for yourself. With the potential to strata title (subject to planning approvals and compliance to the Units Titles Act) this property will provide long term secure revenue with the potential for capital growth.

Contact Andrew Doyle to discuss and arrange an inspection. Inspections by appointment only.

This property is proudly listed by:

First National Real Estate Framptons 1/78 Hartley Street
Alice Springs NT 0870

Enlarge Map

Open for Inspection
By Appointment

Additional information

Property Type Block of Units
Property ID 11010103684
Street Address 31 Larapinta Drive
Suburb Araluen
Postcode 0870
Price $685,000
Council Rate $7,905
Land Area 1,100 sqm (approx)