5/60 East Point Road, Fannie Bay, NT, 0820, Australia

This Studio Apartment is the perfect location and offers modern lifestyle living, giving you a space of your own and the freedom to do as you please.
Situated on a corner block in sought after Fannie Bay across from Trailer Boat Club and Sailing Club.

A well set out kitchen, complete with overhead cupboards and under bench oven. Separate bathroom with large vanity mirror.
Fully tiled and air-conditioned for all year round comfort.
This apartment has large windows, allowing the sea breezes and natural light to flow through. Garden hedge screening for added privacy.

To top off the tropical lifestyle there is a large resort style inground pool and BBQ area with bathroom facilities for use in the common area and surrounded by lush gardens.

This apartment is set up ready for the savvy investor, with the option of walk in walk out sale, with all furniture, appliances and kitchenware. Leased until Sept. 2024 giving returns of 8.98%


Communal laundry and storeroom available.
All of this opportunity for 36m2 on title.

Under cover parking space for 1.
Body Corp $1,170 per quarter, consisting of mainly owner occupiers
Council Rates $385 per quarter
Leased at $380 per week till September 2024
2016 depreciation schedule also available on settlement if required.