Phenomenal once in a generation opportunity to secure a block of 6 strata titled units!!

IN-ROOM AUCTION | THURSDAY 22ND AUGUST, 12PM<br/>Location: Ray White Darwin (36 Parap Road, Parap)<br/><br/>Property Specifics: <br/><br/>Year Built: Post Const - issued in 1995<br/>Council Rates: Approx. $ per year<br/>Area Under Title: 1370 square metres <br/>Vendor's Conveyancer: Cassandra Mammino<br/>Preferred Settlement Period: 30-45 days from the contract date<br/>Preferred Deposit: 10%<br/>Easements as per title: None found<br/>Zoning: LMR (Low-Medium Density Residential)<br/>Status: Vacant possession<br/><br/><br/>CURRENT ARRANGEMENT<br/>- All 6 units are strata titled<br/>- There is no body corporate<br/>- Units 2, 3, 4, 5, and 6 are being auctioned as one sale on Thursday 22nd of August at 12:00pm<br/>- Unit 1 can be purchased seperatly through an agreed option agreement<br/><br/>- Units 1, 2, 3, 4, & 6 are all rented<br/>- Unit 5 is vacant<br/>- The last lease expires on 23/12/2024<br/>- Units 2, 3, 4, 5, & 6 are paying $380 per week<br/><br/>- Shared common laundry area<br/>- Undercover parking<br/>- Pool in complex<br/><br/>This is a phenomenal opportunity to secure a stand alone block of 6 strata titled units, on a prime 1370 sqm of land. This complex backs onto Bayview Park and is just moments from East Point Reserve.<br/><br/>The complex has one undercover parking for each unit and two visitor car parks. Each unit has been allocated it's own private veggie patch, which has been built from a water tank.<br/><br/>Friendly long term tenants who are wanting to sign extended leases.<br/><br/>Opportunities of this calibre in this location do not come on the market and are generational properties.<br/><br/><br/>AUCTION TERMS<br/>30 day settlement | 10% deposit<br/><br/>Auction will be held In Room and online. Bidding can be in person at the Ray White Darwin office, over the phone, or via online app if you interstate.<br/><br/>Registrations: Please contact Andrew Harding 0408 108 698