Back 9/89 Farrar Boulevard
Off Market

9/89 Farrar Boulevard

Farrar NT 0830

2
1
2
Apartment
Last sold for $368,000
Jen WardellJen Wardell, last sold this property on 03 December 2025 after -43 days on market.

Overview

Affordable first time investment!

* Sold from our extensive data base prior to being advertised. This well located property is only minutes from the Palmerston CBD and has a long term Government lease in place with great returns. This would suit an investor looking for guaranteed returns with regular income. The low maintenance complex keeps the body corp cost low meaning you can keep more of the rental income for yourself. Features include: * $520 per week rent, minimum locked in, rent can't go down. * Management fee includes maintenance so there is no unexpected bills * Low body corporate fees to maximise your net return * Would suit investors looking for solid returns and low risk A small courtyard with garden shed is included with this unit giving occupants some extra room outdoors in the fresh air. Parking is undercover and at the front door of the property for added convenience. Area under title: 161 m² Easements: Nil on title Council rates: $1,900 per year (approx) Body Corp Manager: North Management Body Corp outgoings: $720 (approx) per quarter.

Features

2 bedrooms
1 bathroom
2 carspaces
Apartment

Estimated Value

We need at least 3 similar 2 bedroom apartments sold in Farrar over the last 12 months.

Property history for 9/89 Farrar Boulevard

2025
Sold
$368,000
Private Sale/Treaty on 03 Dec 2025 by Jen Wardell, of LJ Hooker Darwin

Happy sellers in Farrar

90%
90% of sellers in Farrar reported that their sale price either exceeded or met their price expectations.

Farrar stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Farrar over the last 12 months.

Local market activity for 2 bedroom apartments in Farrar

In the last 12 months, 1 two-bedroom apartment similar to 9/89 Farrar Boulevard, have been sold.

This represents a 100% decrease in two-bedroom apartments sales when compared to the previous 12 months.

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