Welcome to 79 Tamarind Road, Moulden. This is a unique and attractive opportunity for investors looking for a high-yielding property located in Palmerston only 15 minutes from the airport and 20 minutes from Darwin CBD.

This property is a complex of 8 ground floor villa/units on 2400m2 of land comprising four duplexes including 6 x 3 bedroom units and 2 x 2 bedroom units.

The entire complex is under lease with the NT Government, providing a stable and secure rental income of $191,360.00 gross p.a. (approx.) until 2025. This is a rare opportunity to invest in a solid income-generating property with excellent long-term rental potential, all whilst located in a desirable location close to local schools, shops, public transport, and other amenities.

This is an ideal investment for seasoned investors and newcomers alike, providing an opportunity to enter the property market with minimum effort.

Property Features
. The units feature an open plan living area
. modern kitchen with stone benchtops
. tiled throughout
. individual drive-up parking in front of each unit, making it easy to come and go
. solar hot water in each unit
. private verandas and secure back yard

Don't miss out on this exclusive opportunity to invest in the prosperous Northern Territory real estate market. Contact us today to schedule a viewing of this amazing property!

Other important information:
Council Rates (Units 1-8): $1,767.00 p.a. (approx.)
Year of completion: 2016
Body Corporate: Self Managed by Owner
Ground maintenance is carried out by NT Government lease
Easements as per Title (Common Property): Electricity supply Easement to Power and Water Corporation
Settlement Period: 30 days or variation upon request
Deposit: 10% or variation upon request
Status: Tenanted until May 2025 at $191,360.00 p.a. (approx.)