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31 George Crescent Fannie Bay NT 0820

  • Other
  • 1,030 m²
  • For Sale, $1,990,000 (GST na)

Land-Bank with Income!

    Iconic Bayview Lodge', a Fannie Bay landmark, on a premium 1,030m2 corner block with dual street access; zoned MD for multiple dwellings - this is an excellent investment opportunity in an established accommodation house with income, with future development potential, and/or alternative uses to explore.

    Positioned on a prime Fannie Bay site with dual street access and 11 onsite car parks; this double storey boarding house consists of 25 bedrooms, self-contained caretakers flat, and communal facilities including kitchen, coin-operated laundry, games room, lounge, female and male bathroom facilities, outdoor spa, and landscaped fenced gardens.

    Each bedroom is air-conditioned and consists of a bed, wardrobe, fridge and television; and Bayview Lodge' is fully approved and registered as a Boarding House, as well as a Commercial Visitor Accommodation Business.

    There is the opportunity to live onsite and continue to run as a going concern', whilst benefiting from the wonderful lifestyle this location and surrounds offersjust perfect for a sea-changing single or couple!

    Bayview Lodge is located within walking distance to East Point Reserve, Darwin Sailing Club, Fannie Bay, Sunset Beach, local shops and cafes; as well as being in close proximity to local schools, turf club, sporting facilities, and approximately 10 minutes to Darwin CBD.

    Land-banking investors, developers, sea-changers seeking a lifestyle with income, or operators looking for a prime site to run an alternate accommodation style business - should take a serious look at this very unique opportunity.

    Subject to relevant approvals there is a variety of possible future scenarios, and in this blue-chip bayside location - the potential for significant capital gain is crystal clear!

    If you have any interest at all, you will need to contact Nick Syrimi immediately - do not wait a second, as an opportunity as rare as this one is most certainly one well worth considering Can you even imagine what this site will be worth in the years to come!

    Area Under Title: 1,030 m2
    Council Rates: $4,140 Per Annum (Approximately)
    Easements: None Found
    Vendors Conveyancing Agent: Darwin Conveyancing
    Year Built: Circa 1969
    Zoning: MD (Multiple Dwelling)

    Property Highlights

    Property ID2016687328
    Floor Area1,030 m²
    Land Area1,030 m²
    Parking11 x Onsite parkings
    Annual ReturnAsk Agent
    AvailabilityVacant
    Category
    Last updated  5 Mar 2021
    Map for 31 George Crescent Fannie Bay NT 0820
    Map for 31 George Crescent Fannie Bay NT 082031 George Crescent Fannie Bay NT 0820
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    • Purchase price

      $
      1,990,000

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

    Find out your loan options

    Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

    Property Highlights

    Property ID2016687328
    Floor Area1,030 m²
    Land Area1,030 m²
    Parking11 x Onsite parkings
    Annual ReturnAsk Agent
    AvailabilityVacant
    Category
    Last updated  5 Mar 2021
    Ray White Commercial NT
    1/43 Cavenagh Street Darwin NT 0800

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