Situated in the bustling and booming mining and tourism town of Pine Creek just 2 hours drive south of Darwin.

This lovely property is very unique in that it is one of the largest in the town at just over 2.5 acres with no easements and potential to subdivide (Town Planning Conditions Apply).

There are two houses for double income or live in one and rent the other out, plus a large shed that is also rentable or ideal for tradesman.

Excellent rental returns, both houses have been rented out for many years and at present house 1 is $280 per week and house 2 $250 per week.

Lots of room exists for further dwellings or sheds to be built.

1st HOUSE FEATURES:

Three bedroom spilt level home, fully renovated ” neat as a pin” for comfortable living and ideal investment with approx 110m2 internal living area and 238m2 under roof.

Nice polished timber floors and vynyl flooring and finnishes throughout.

4mtr verandah’s three sides keep the house nice and cool and are fully concreted.

Spacious “Walk In Robes” in all three bedrooms.

Solid Pine Timber Kitchen.

Huge Lounge Area and dining area.

2nd HOUSE FEATURES:

Two bedroom as new Metal Clad home with full length verandah’s front and rear.

3 meter front verandah has timber deck ideal for relaxing and entertaining.

The kitchen has a Gas stove / oven .

Modern finishes & fully air conditioned throughout.

Single Carport and separately fenced.

Modern Kitchen & nice bathroom.

Leased at $250 per week or move in now.

OTHER FEATURES INCLUDE:

Huge 15 metre x 6 metre lock up shed, with concrete floor.

Town water and septic and no zone currently, approx $1000 per annum town council and garbage rates.

Total of $600 pwer week gross income now plus added advantage of shed being able to be rented for $100 per week separately and room for machinery if required for local based contractor.

Great location near end of culdesac with excellent income and potential for the subdivision makes this a big winner, ideal as your investment.