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    • About this property
    • Explore Darwin City
    • Invest in Darwin's Bright Future!

      Property ID 1200870
      With the financial security of a secure long term lease, plus scheduled CPI increase and depreciation deductions (schedule available) this sale is an unbelievably good deal.

      Located in the heart of Mitchell Street, 'Melaleuca on Mitchell' is an award winning hostel in Darwin surrounded by bars, clubs, cafes and restaurants.

      With its excellent facilities and stunning city views across Darwin this property is a prime piece of realestate.

      Guest rooms are secure, spacious, fully air-conditioned and access a shared self catering kitchen and laundry facilities.

      This is a great solid investment with returns guaranteed to be in your account every quarter. This is opportunity is not to be missed.

      Area Under Title: 13 Square Metres
      Current Rent: $1,050.00 per quarter, $4,200.00 pa
      Current maintenance levy: $115.52 per quarter, $462.08 pa
      2016/17 DCC Council Rates: $1,057.41 (deducted over 3 quarterly lease payments)(Approximately)
      Lease Details: Leased at $1,897 Per Quarter (Approximately), Expires 30 November 2019
      Room Type: Double no ensuite
      Year Built: 2004