73 Sabine Rd, Millner is a 18 bedroom, 18 bathroom Unit with 9 parking spaces. The property has a land size of 867m2 and floor size of 867m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 18 bedroom Unit sold in Millner in the last 12 months.
Explore this Outstanding Investment Opportunity!!
Meticulously cared for, this modern, well maintained, thoughtfully designed complex offers 9 x 2-bedroom units each with ensuite to master, fully tiled and airconditioned throughout and storeroom adjacent to the secure carparking.
? Massive 8% gross yield (7% Net)
Boasting a strategic location within walking distance to the Millner Primary School, a mere stroll away from Jape Homemaker Village and centrally located to the Darwin CBD, Casuarina Shopping Centre, Marrara Sporting complex and Darwin International Airport, this property offers unparalleled convenience.
The exterior of the building has been rejuvenated with a fresh coat of neutral paint complemented by vibrant, fully irrigated gardens creating an inviting ambiance.
Contact me now for full details and to arrange a viewing!
Ingoings -
Rent: $242,840 ($510 -540pw each)
Outgoings -
Total Outgoings: $34250 (approx) see below
Itemised outgoings -
Council Rates: Approx. $14,320 per annum total (Approx.$1700 per unit)
Insurance: $7,130.00 (approx)
Water and Sewerage: Approx. $3,371 per annum (approx)
Other outgoings: $9450 per annum (approx)
Other details -
Year Built: 2014
Zoning: MR (Medium Density)
Status: Full Occupancy - All apartments rented through Real Estate Central
Body Corporate: Self-Managed
Vendors Conveyancer: Aquarius Conveyancing
The size of Millner is approximately 1.5 square kilometres. It has 7 parks covering nearly 16.6% of total area. The population of Millner in 2011 was 2,465 people. By 2016 the population was 2,559 showing a population growth of 3.8% in the area during that time. The predominant age group in Millner is 30-39 years. Households in Millner are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Millner work in a professional occupation. In 2011, 55.2% of the homes in Millner were owner-occupied compared with 50.1% in 2016.
Millner has 1,198 properties. Over the last 5 years, Houses in Millner have seen a 42.02% increase in median value, while Units have seen a 14.51% increase. As at 30 September 2024:
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