Strategic Multi-Unit Investment | Wagaman NT

📍 1-6/224 Trower Road, Wagaman
💰 Asking Price: $1,999,999
📐 Land Area: 744m²

An exceptional opportunity to acquire a purpose-held block of six (6) residential units in the tightly held and centrally located suburb of Wagaman.

The complex comprises six well-configured two-bedroom, one-bathroom units, offering consistent rental appeal and efficient long-term management. The property is self-managed and positioned on a generous 744m² allotment, making it well suited to investors seeking scale, stability, and future upside.

Investment Highlights:

Block of 6 self-contained units
All units feature 2 bedrooms and 1 bathroom
Strong rental demand location
Self-managed complex

Income:
Current Weekly Rental Income - $2,020
Currently Annual Rental Income - $105,404
Market Potential - $125,170- $170,000

Outgoings:
Water costs: approx. $2,200 – $2,500 per quarter
Council rates: approx. $2,591 per quarter

Proximity and walking distance to Casuarina Shopping Centre, Royal Darwin Hospital, schools, public swimming pool/water playgrounds for children and public transport.

Secure a consolidated residential asset in a proven Darwin growth corridor, ideal for investors seeking dependable income with long-term capital potential.

📞 Further information available upon request. Inspections by appointment.

Features

  • Air Conditioning
  • Balcony
  • Courtyard