Attention Astute Investors- Unit Block with 12% Plus Return

25 Lucy Street is an excellent investment opportunity that can give you 12% plus returns!! Ideally located close to town along Riverbank Drive just a short walk to the main street, shopping centre and popular Hot Springs Pop Rocket café, this fantastic solid brick complex has endless opportunities! All four units are fully furnished with contemporary furniture and comprise of the following:
- Two large airconditioned and tiled bedrooms
- Light and bright airconditioned living areas- spacious with high ceilings, exposed beams and plenty of windows for natural light
- Three kitchens have been completely replaced and one has been refurbished
- All units have their own fenced court yard and direct street access
- Generous sized outdoor patios
- Back patio with laundry
- 6 KVA solar system on unit 4
- NBN connection optic to the residence in each unit
- Current rental income $80,600 per annum with long term tenants with a 12.4% return

Perfect if you're looking to live in a unit and rent out the others, or simply set and forget in your property portfolio.
Easily rented out, some units have achieved $750 per week on short term rental and $850 per week on AirBnB. Holiday stay is a great option in a vibrant tourist town like Katherine. Be part of the Develop the North and the major Defence infrastructure investment.