OFF MARKET

9/38 George Crescent
Fannie Bay NT 0820

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 64m2
Land area: 104m2
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Last updated 18 Nov 2024
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Property Details for 9/38 George Cres, Fannie Bay

9/38 George Cres, Fannie Bay is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1982. The property has a land size of 104m2 and floor size of 64m2.

Building Type
Unit
Year Built
1982
Floor Size
64m2
Land Size
104m2
Local Government
Darwin

Last Listing description (September 2023)

Leased investment opportunity in highly desired location

The Property
Just a short walk to Fannie Bay Esplanade, Lake Alexander, and East Point reserve. In the other direction also just a short walk from this property, you will find Fannie Bay shops, popular Cafes, and required amenities.

Recently refurbished this property features 2 spacious sized Bedrooms, 1 Bathroom with laundry combined, functional kitchen and is conveniently located on the ground floor with car parking directly in front of the property. Being located on the ground floor this property also features a back patio area, which is partially undercover allowing for a BBQ and outdoor setting.

Highlighted Features Includes:
* Safe and secure investment opportunity
* Affordable Price
* Premium Highly Desired location
* End Apartment within the building
* Fully Tiled
* 2 Bedrooms x 1 Bathroom x 1 Car Park
* New Ceiling Fans
* Functional Kitchen
* Rear Patio area
* Parking Directly in front of the property

The Return
Leased at $430 per week, until August 2024, providing an estimated Gross ROI of over 6.79%.

Other important information:
Area Under Title: 104 sqm
Year built: 1982
Council Rate: $1600.00 (approx.) p.a.
Body Corporate: Whittles
* Admin Fee: $1,137.00 (approx.) p.q.
* Sinking Fund: $424.00 (approx.) p.q.
Status: Currently Leased at $430 per week, expiring August 2024
Preferred Deposit: 10% or variation upon request
Preferred Settlement: 45 days or variation upon request

For all enquiries or private inspection please phone Simon Connelly on 0411 210 744 or email simon@ofndarwin.com.au

Property History for 9/38 George Cres, Fannie Bay, NT 0820

A timeline of how this property has performed in the market
Listed for Rent
$290/w
26 Jun 2017
  • 21 Dec 2022
    Listed for Sale Offers over $329,000
  • 26 Jun 2017
    Listed for Rent - Price not available
  • 20 Sep 2016
    Listed for Rent - Price not available
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.