SoldMay 8, 2025

Teasdale Street Johnston NT 0832

$655,000

3
2
2
833 m²

House

21 days on the market

Sold: May 8, 2025

ADDRESS AVAILABLE ON REQUEST, JOHNSTON

ADDRESS AVAILABLE ON REQUEST, JOHNSTON, NT INVESTOR ALERT - Looking for a genuine set and forget investment that keeps your property working for you? You've found it! This classy modern home is designed to impress. It's a contemporary residence in a friendly neighbourhood, surrounded by parks and close to shops, schools, and Palmerston Hospital. Property Specifics: Year Built: 2013 Council Rates: Approx. $2,164.35 per year Area Under Title: 833 square metres Current DHA Rent: $750 per week Vendor's Conveyancer: Saunders Conveyancing NT Preferred Settlement Period: 30-45 days from the contract date Preferred Deposit: 10% Easements as per title: None Found Zoning: LR (Low Density Residential) Status: DHA Lease Featuring a secure long-term DHA lease in place until July 7th, 2026 (+ 3 Years), this modern property is ideally suited for investors seeking a stress-free investment. It offers a healthy yield, strong long-term growth prospects, and excellent resale value in the future. Property Highlights: • Stress-Free Investment: Currently returning $750 per week, with rent reviewed annually. Rent is calculated at the greater of the market rate or the rent at lease commencement in July 2014. • Secure Income: With a DHA lease in place until 2026 + (3 Years), enjoy a guaranteed income that provides financial peace of mind. • Future Family Home: Post-lease, the property will be an excellent family residence. • DHA will hand back the property in good condition, repainted and with any wear and tear rectified as per the lease terms. Features Include: • Consistent Rent: Rent is paid 52 weeks per annum, even if vacant. • Prime Location: Close to Palmerston Hospital and in a growth location. • Home Specifications: Ultra-modern 3-bedroom, ground-level home on a quiet street. • Outdoor Space: Rear patio overlooking a well-maintained, low-maintenance garden. Investment Advantages: • Low Risk: A genuine "set and forget" investment in Darwin, the most affordable capital city in Australia poised for a growth cycle. • High Yields: Darwin offers the highest rental yields in the country, making it a very attractive option for investors. DHA Lease Summary: • Lease End Date: 07/07/2026 + (3 Years) • Income: $750 per week, with annual rental reviews • Outgoings: DHA management/maintenance fee of 16.5% (inc. GST) • This property is an excellent investment, providing a secure and guaranteed income until 2026 + (3 Years). Situated in an area ideal for families, with quiet streets and friendly neighbours, this investment offers both a solid financial return and future residential potential. Don't miss out on this low-risk, high-reward opportunity in one of Darwin's most popular suburbs. To make an offer on this property, please contact Ryan Rowsell 0478 700 844 today!

Seller's review

11 months ago

Thank you, Ryan and Samara, for helping us to sell our investment

Thank you, Ryan and Samara, for helping us to sell our investment property. From the very first communication, Ryan and Samara brought a level of professionalism, dedication, and knowledge that made the entire process of selling our investment property smooth and successful. Though we were not physically present in Darwin and all communication was done online and through phones calls still they made the process look easy for us. Ryan listened and understood our expectation and guided us through every step — from pricing our investment property correctly, to negotiating with buyers — always with our best interests in mind. Thanks for his expert marketing and network, we had offers within days of listing and ultimately sold it within weeks of listing. What truly sets Ryan apart is their communication and genuine care. We always felt informed, supported, and confident in their ability to navigate any challenge. Selling an investment property can be stressful, but Ryan made it feel easy and even enjoyable. If you're looking for an agent who is knowledgeable, trustworthy, responsive, and truly excellent at what they do, look no further. We are so grateful for everything Ryan and Samara did for us — and would absolutely work with Ryan again.

S
Seller

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