18/38 George Crescent

Fannie Bay NT 0820

70 m²

Unit

Currently for sale - view listing

Overview

Smart investment with exceptional potential

Tenanted until March 2027, this one-bedroom apartment creates an effortless investment in a standout location. Enjoying a quiet position on the fringes of East Point Reserve, it's also only moments to the foreshore and Fannie Bay's shops. • One-bedroom unit in small, quiet complex • Perfectly positioned on the first (top) floor • Neutral tones and tiled floors throughout • Generous bedroom featuring built-in robes • Bathroom with shower and integrated laundry • Air-conditioned, louvres encourage airflow • Small balcony located at front of unit • Allocated parking space for one car • Excellent location with sought-after suburb Calling all investors! With a tenant in place, this ideally located apartment creates a solid addition to your portfolio, while also offering potential to add value with updates. Situated on the top floor within a double-storey complex, the apartment offers a peaceful and private base in a fantastic location. Compact yet practical, the layout is superbly low maintenance, keeping everyday upkeep to a minimum. Featuring high ceilings, it feels light and airy through both the open-plan and generous bedroom. Through the kitchen, everything is neatly laid out, adjoining the airy open-plan for seamless interaction. In the bedroom, a wall of built-in storage is a handy addition, as is the integrated laundry within the bathroom. Completing the package is AC, louvres and a small balcony at the front of the unit. Car parking is allocated for one car. Of course, location is the major drawcard here. Situated within highly desirable Fannie Bay, the apartment is just a short stroll from the foreshore, where you find pathways that trail the water up to Lake Alexander and East Point Reserve. It's also a short walk to the iconic Fannie Bay Coolspot and its surrounding conveniences, as well as the Sailing and Trailer Boat Clubs. Parap is close at hand, while Darwin CBD is only 10 minutes away. Status: Leased until March 2027 at $330 p/w Area under Title: 70 square metres approximately Year built: 1992 approximately Whittles Body Corporate Fees: $1,185 per quarter approximately Darwin City Council Rates: $1,800 per annum approximately Zoning: LMR (Low-Medium Density Residential)