27 Eden St, Stuart Park, NT, 0820, Australia

WOW!! Price adjusted to sell before Christmas.

Do the sums - 1,100m2 block in Stuart Park + 3 bedroom elevated house + 4 flats under that need lots of work before you can collect an income and you quickly realize that you'll need to be quick to inspect!!

The best of both worlds where you can live in one and rent the others - or rent the lot. Here's an investment so close to the city that's often sought but rarely found.

Positioned on 1,100sqm of land are;

Elevated house that is well presented and in excellent condition and boasts;
* 3 bedrooms spacious bedrooms all with built in robes
* 1 bathroom with separate toilet
* Open plan living area that incorporates the kitchen dining and lounge
* Small but private verandah

Improvements built under the house require renovation and include:
* 1 x 2 bedroom flat
* 3 x 1 bedroom flats
* Communal laundry
* Storeroom with additional toilet

General Information
* Lot: 2083 Town of Darwin
* Size: 1,100m2
* Zoning: LR (Low Density Residential)
* Rates: Approx $8,000 per year
* Easements: Yes - Sewerage (rear eastern corner)
* Year Built: circa 1968

Sure, the downstairs rooms all need major renovations but it's got all the basics and the owner's pricing expectations are VERY REALISTIC. This property will be sold.

27 Eden St Stuart Park is well located a short drive to Darwin CBD and lends itself to a broad range of potential tenants. With the new CDU campus scheduled for 2024, now would a good time to make your move.

Call George Pikos to arrange an inspection - 04 3800 4800