FOR SALE
$9,000,000

28/35 Bunggulwuy Close
Nhulunbuy NT 0880

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 4660m2
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SUPER CHARGED INVESTMENT

Welcome to 28 (Lot 1578 , Units 16-31) and 35 (Lot 1579, Units 1 - 35) Bungggulwuy Close, Nhulunbuy. This unique and attractive opportunity for investors looking for a large unit complex, here it is.
Located at the bottom of Mt Nhulun, this property is a complex of 31 X 1 Bedroom units, on 4,660m2 of land.
The entire property is under lease, providing a secure rental return of up to $725,000 gross p.a. (approx) until 2025. This is a rare opportunity to invest in a solid income generating property will excellent long-term rental potential, all whilst located in a desirable location close to local schools, shops, 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 and dining area
* Modern galley style kitchen
* Split system air-conditioning throughout
* Spacious bedroom with built in robe
* Individual drive-up parking in front of each unit, making it easy to come and go
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Property Details for 28/35 Bunggulwuy Close, Nhulunbuy

28/35 Bunggulwuy Close, Nhulunbuy is a bedroom, bathroom Unit. The property has a land size of 4660m2. The place is currently for sale with Gove Real Estate .

Building Type
Unit
Land Size
4660m2

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About Nhulunbuy 0880

The size of Nhulunbuy is approximately 65.6 square kilometres. It has 9 parks covering nearly 3.1% of total area. The population of Nhulunbuy in 2011 was 4,072 people. By 2016 the population was 3,244 showing a population decline of 20.3% in the area during that time. The predominant age group in Nhulunbuy is 0-9 years. Households in Nhulunbuy are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Nhulunbuy work in a professional occupation. In 2011, 4.1% of the homes in Nhulunbuy were owner-occupied compared with 5% in 2016..

Nhulunbuy has 46 properties.

    There are currently 12 properties listed for sale, and 1 property listed for rent in Nhulunbuy on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Nhulunbuy.

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    Megan Niven
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    Gove Real Estate
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