Back 5/20 Leichhardt Terrace
Off Market

5/20 Leichhardt Terrace

Alice Springs NT 0870

1
1
68 m²
Unit
Ianne HaynesIanne Haynes, last sold this property on 23 March 2026 after 143 days on market.

Overview

Excellent investment opportunity to start your property portfolio or strengthen an existing one. This well-presented 1-bedroom ground floor unit is currently rented at $350 per week on a long-term lease expiring in March 2027, providing immediate and secure rental income. The unit offers spacious open plan living with a practical and functional layout, making it comfortable and easy to maintain. Positioned within a popular and tightly held complex on the edge of the CBD, the property is within easy walking distance to the Alice Springs Hospital, sporting facilities, and a wide range of cafes, restaurants, and lifestyle amenities. Demand in this complex is extremely strong, with vacancy rates currently at zero, highlighting the ongoing rental appeal of the location. The complex is fully gated with electric gates, offering added security and peace of mind for residents. With a strong gross return of approximately 8.08 percent, low maintenance living, and a long lease already in place, this property represent

Features

1 bedroom
1 bathroom
68 m² lot size
Unit

Estimated Value

We need at least 3 similar 1 bedroom units sold in Alice Springs over the last 12 months.

Property history for 5/20 Leichhardt Terrace

2026
Sold
Undisclosed
23 Mar 2026 by Ianne Haynes, of Nutrien Harcourts Alice Springs
2026
Sold
22 Mar 2026 by Lindsay Carey, of Nutrien Harcourts Alice Springs
2025
Rented
Undisclosed
Leased on 05 Jan 2025 by Nutrien Harcourts Alice Springs

Happy sellers in Alice Springs

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Local market activity for 1 bedroom units in Alice Springs

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