9/89 Farrar Boulevard Farrar, NT 0830
9/89 Farrar Boulevard Farrar, NT 0830
9/89 Farrar Boulevard Farrar, NT 0830
9/89 Farrar Boulevard Farrar, NT 0830
9/89 Farrar Boulevard Farrar, NT 0830
9/89 Farrar Boulevard Farrar, NT 0830
9/89 Farrar Boulevard Farrar, NT 0830
9/89 Farrar Boulevard Farrar, NT 0830

9/89 Farrar Boulevard Farrar, NT

Sold

Sold on 27 Jun 2014

Buy off the plan now and save! Contracts are available now and construction starts this June. If you are worried about investing due to rental vacancies the 10 year Government Head Lease on this property gives the investor the security and peace of mind of rent paid 52 weeks a year for the next 10 years. The head Lease also includes some other amazing features:

* Option for the NTG to extend another 5 years
* Rent paid 52 weeks a year. Guaranteed!
* No tenancy maintenance during the lease period
* Annual rental review
* Rent cannot drop below $520 per week during the lease period.
* Rates $1535 per annum
* Body Corporate $2874 per annum

Typically, some of the risks associated with investment property are the volatility of the rental market and unexpected costs associated with maintaining the property. With a 10 year Head Lease that includes all tenancy maintenance, Farrar Villages is one of the most affordable and hassle free, property investments in the current market.


Key Property Details

  • Cyclone Shelter
  • Gas
  • Storage

  • Property Type: Unit