Conveniently positioned behind Coolalinga Central and only minutes from Palmerston, the top-floor layout in the Pavilions Apartment Building offers greater privacy, generous raked ceilings, and elevated views over neighbouring homes to the bushland beyond. With strong rental demand in the area and close access to essential services make it an appealing choice for investors.
A modern contemporary design featuring 2 bedrooms, 2 bathrooms, 3 car parks (including a tandem space ideal for a boat or caravan), air-conditioning, and fully tiled floors, the apartment offers a practical, low-maintenance layout, the ideal set-and-forget investment. Residents also enjoy secure parking and access to the communal swimming pool.
Current Lease: $465/week delivering a solid 6.12% Gross ROI.
Future Rental Outlook: With similar apartments currently achieving $520$550/week, the projected future return sits at approximately 6.85%7.24% Gross ROI as the market continues to perform well.
Perfectly positioned at the gateway to Darwin's rural areas, this property offers quick access to national parks, bushwalking trails, and outdoor recreation, while sitting just across the road from Coolalinga Central with shopping, cafes, restaurants, and essential services provides a smart, low-maintenance investment with unbeatable lifestyle convenience.
Location Highlights:
* Coolalinga Central approx. 1 min (140m)
* Palmerston Regional Hospital approx. 9 min (9.0km)
* Palmerston City approx. 12 min (9.8km)
* Gateway Shopping Centre approx. 13 min (10km)
* Charles Darwin University Palmerston Campus approx. 14 min (11km)
* Darwin CBD approx. 25 min (29km)
Other Important Property Information:
* Year Built: 2014
* Council Rates: $387.24 approx. per quarter
* Area Under Title: 134m²
* Status: Tenanted Lease Expiry 28/07/2026, Current Rent: $465/week
* Body Corporate Levies: $1,464.00 approx. per quarter
For more information or to arrange a private inspection, contact Simon Connelly from Agency HQ NT on 0411 210 744 or email simon@agencyhq.net.au.