28 - 35 Bunggalwuy Close

$3 million


Property Features

Property ID: 3238005

Super Charged Mining Town Investment

Gove, northeast Arnhem Land: A paradise with some of the best beaches in Australia, rich in Aboriginal culture, superb fishing, camping and stunning scenery. This is one outback mining town with a difference. Aside from the beauty, investments in this area produce massive returns and definitely demand attention.

Located in the beautiful township of Nhulunbuy Northern Territory we are proud to offer the astute investor or super fund a complex of 31 x one bedroom units spread on 2 adjoining parcels totalling some 4,660m2 approximately.

Currently all leases in this quality project are nearing expiry but the seller, an active local company, will re-lease10 units for staffing purposes at $350pw for a period of 5 years. In addition, they will ensure secure leases on ALL other units for a minimum of 12 months.

Alternatively, if your company requires staff accommodation and would rather not have leases in place, then the seller will listen to your proposal.

Each unit offers:
* Separate bedroom with ensuite and built in robe
* Modern kitchenette that includes washing machine and ample cupboard space
* Full air-conditioning
* Combined living / dining
* Front deck with ceiling fan
* Rear deck with clothes line
* Undercover carport

Complex offers:
* Bitumen driveways
* NBN connection
* Backing onto native bushland

Important note:
This property is sold as leashold land and subject to conditions outlined in Special Purpose Lease 214 (SPL214).
The sale and purchase of this property is subject to approval from appropriate authorities including Rio Tinto as Lease Holders and Administrators of SPL214.

Further information is available for interested parties. Please call George Pikos on 04 3800 4800 or email: george@rentgp.com.au

Pre-arranged Inspections only.

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