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Offers over $295,000 rental yield 5.6% in ALAWA, Northern Territory for sale

Condo

This is a great unit in a small complex of six and is situated on the top floor with its own private balcony and is one of the larger units in the complex. It is a surprisingly spacious unit with approximately 82m2 under title and comprises of two good sized bedrooms both with built-in robes, and it has a large open plan lounge/dining area.
Body Corporate will commence improvements in January 2015 to the building and grounds.
It is within walking distance to the beach and along the foreshore there is Nightcliff Jetty, Nightcliff Beach, Nightcliff Swimming Pool and seven outdoor exercise stations, as well as two free public tennis courts. The foreshore itself incorporates access to mangrove coastline and the beach, and features many historical WWII sites with information boards installed along the length of the path.
Nightcliff has many shops and the local markets of both Nightcliff and Rapid Creek are close by. The Nightcliff Markets run from 6am-2pm every Sunday the stalls at the markets are mainly food and drinks, but you will also find arts and crafts, massage, tarot, and much more. A live music band usually plays on the stage in the middle of the markets. The Rapid Creek Sunday Market is Darwin's oldest Market there are over 60 stalls for fresh organic produce, Asian fruits, vegetables, herbs and spices, exotic plants, flowers and seafood. You'll also find a range of local handmade arts and crafts for that special gift operating every Sunday from 6.30am to 1.30pm.
Looking for an investment then this may be it as rents in the complex are ranging from $320 to $420 per week.