Residential For Sale

20 Hannibal Crescent GRAY NT 0830

GRAY, NTPosted More than 1 month agoAd Code S25Y4K
For Sale
Under Contract
Verified seller
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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
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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
Message the seller

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LJ Hooker DarwinVerifiedVerified Tradingpost seller

Listing agent

Michael Coleman
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