Residential For Sale
20 Hannibal Crescent GRAY NT 0830




+20 photosFor Sale
Under Contract
Verified seller
Bedrooms
9
Bathrooms
7
Parking
1
Land size
835 sq m
Description
Offered for auction, this is a genuinely rare, unicorn investment opportunity that will immediately resonate with the shrewd, yield-focused investor. Large-scale, income-producing assets with this level of flexibility, separation, and upside are exceptionally uncommon and are seldom brought to market.
Purpose-built for performance, the property comprises nine bedrooms and seven bathrooms, intelligently configured to maximise rental potential. A standout feature is the dual street frontage with two completely independent entrances, allowing for versatile multi-tenancy and diversified rental strategies. The property is further enhanced by separate electrical meters throughout, providing operational clarity, simplified management, and strong appeal for long-term investors. The inclusion of solar power helps reduce operating costs and supports improved net returns.
The asset is already generating approximately $1,200 per week, with immediate and clearly defined upside. By leasing the currently owner-occupied component�comprising three bedrooms and two bathrooms�total income can be increased to approximately $1,900 per week.
For investors who recognise value-add opportunities, there is further scope to create a 10th bedroom with minimal capital expenditure, unlocking an additional estimated $250 per week. Once fully optimised, a shrewd investor could reasonably expect gross returns approaching 9%, a compelling result in today's market for a property of this scale and configuration.
Beyond its strong financial fundamentals, the property also delivers on tenant appeal and security. Features include an eight-person spa, undercover parking, and remote-control security gates, all of which enhance liveability, safety, and rental demand.
Properties of this nature�large-format, separately metered, dual-access investments with proven and expandable income streams�are exceptionally rare. For investors who understand yield, scalability, and future-proofed design, this auction represents a standout opportunity to secure a truly unique, high-performing
Purpose-built for performance, the property comprises nine bedrooms and seven bathrooms, intelligently configured to maximise rental potential. A standout feature is the dual street frontage with two completely independent entrances, allowing for versatile multi-tenancy and diversified rental strategies. The property is further enhanced by separate electrical meters throughout, providing operational clarity, simplified management, and strong appeal for long-term investors. The inclusion of solar power helps reduce operating costs and supports improved net returns.
The asset is already generating approximately $1,200 per week, with immediate and clearly defined upside. By leasing the currently owner-occupied component�comprising three bedrooms and two bathrooms�total income can be increased to approximately $1,900 per week.
For investors who recognise value-add opportunities, there is further scope to create a 10th bedroom with minimal capital expenditure, unlocking an additional estimated $250 per week. Once fully optimised, a shrewd investor could reasonably expect gross returns approaching 9%, a compelling result in today's market for a property of this scale and configuration.
Beyond its strong financial fundamentals, the property also delivers on tenant appeal and security. Features include an eight-person spa, undercover parking, and remote-control security gates, all of which enhance liveability, safety, and rental demand.
Properties of this nature�large-format, separately metered, dual-access investments with proven and expandable income streams�are exceptionally rare. For investors who understand yield, scalability, and future-proofed design, this auction represents a standout opportunity to secure a truly unique, high-performing
Details
- Price
- For Sale Under Contract
- Listing type
- Residential For Sale
- Property type
- House
- Bedrooms
- 9
- Bathrooms
- 7
- Method of sale
- For Sale
- New or established
- Established
- Garage spaces
- 1
- Carport spaces
- 8
- Land size
- 835 sq m
Location
GRAY, NT 0830
Location is approximate - the map shows the general area, not the exact address.
For Sale
Under Contract
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LJ Hooker DarwinVerifiedVerified Tradingpost seller
Listing agent
Michael Coleman
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