2/40 Lorna Lim Terrace

Driver NT 0830

117 m²

Unit

Currently for sale - view listing

Overview

Prime Palmerston Investment Opportunity

For more property information including body corporate and reports text 2L to 0488 810 057 Offering easy-care living in a convenient Palmerston location, this first-floor two-bedroom apartment combines a practical layout with a private balcony, great storage and easy access to shops, dining and local amenities. Currently tenanted until June 2027, it also presents a great investment opportunity with an established tenancy already in place. • Two spacious bedrooms with built-in robes and split-system air-conditioning • Open-plan living and dining with direct balcony access • Functional kitchen with breakfast bar and ample storage • Private covered balcony ideal for relaxing outdoors • Bathroom with shower and vanity, plus separate toilet • Separate lock-up storage room downstairs • Undercover parking within the complex • Currently tenanted until June 2027 • Quiet setting surrounded by parkland • Walking distance to Palmerston Shopping Centre, CBD and golf course Inside, the open-plan living area creates a comfortable central space, flowing directly onto the private balcony. The kitchen sits at the heart of the apartment and provides plenty of storage and bench space for everyday use. Both bedrooms are generously sized with built-in robes and air-conditioning, while the downstairs storage room adds valuable extra space. With an established tenancy secured until June 2027 and shops, restaurants, parkland and the Palmerston CBD all close by, this is a fantastic opportunity for investors looking to secure a well-positioned, low-maintenance property. The Finer Points Council Rates: Approx. $2,161.66 per annum Area Under Title: 117m² Year Built: 1996 Zoning: MR (Medium Density) Status: Leased @ $440 per week until 1 June 2027 Body Corporate: North Management Body Corporate Levies: Approx. $1,032 per quarter Settlement period: 45 days or variation on request Easements: As per title Deposit: 10% or variation on request