Northern Territory purchase – Apr 2025

We are proud to have secured a high-performing investment property for our client in Bakewell, Northern Territory, at an impressive purchase price of $611,000. This spacious and well-presented home boasts 3 bedrooms and 2 bathrooms, situated on a generous 847m² block, offering both comfort and significant future potential.

Currently rented at $700 per week, the property delivers a robust gross rental yield of approximately 5.96%, ensuring immediate cash flow and long-term security. Located in one of Palmerston’s most sought-after family suburbs, the home is conveniently close to schools, parks, and local amenities, making it highly attractive to tenants and a valuable addition to any portfolio.

This purchase represents a strategic investment in a stable and growing market, combining solid returns with strong fundamentals for capital growth.