Property Description

Conveniently positioned behind Coolalinga Central and only minutes from Palmerston, the top-floor layout in the Pavilions Apartment Building offers greater privacy, generous raked ceilings, and elevated views over neighbouring homes to the bushland beyond. With strong rental demand in the area and close access to essential services make it an appealing choice for investors.

A modern contemporary design featuring 2 bedrooms, 2 bathrooms, 3 car parks (including a tandem space ideal for a boat or caravan), air-conditioning, and fully tiled floors, the apartment offers a practical, low-maintenance layout, the ideal set-and-forget investment. Residents also enjoy secure parking and access to the communal swimming pool.

Current Lease: $465/week – delivering a solid 6.12% Gross ROI.
Future Rental Outlook: With similar apartments currently achieving $520–$550/week, the projected future return sits at approximately 6.85%–7.24% Gross ROI as the market continues to perform well.

Perfectly positioned at the gateway to Darwin’s rural areas, this property offers quick access to national parks, bushwalking trails, and outdoor recreation, while sitting just across the road from Coolalinga Central with shopping, cafes, restaurants, and essential services provides a smart, low-maintenance investment with unbeatable lifestyle convenience.

Location Highlights:
* Coolalinga Central – approx. 1 min (140m)
* Palmerston Regional Hospital – approx. 9 min (9.0km)
* Palmerston City – approx. 12 min (9.8km)
* Gateway Shopping Centre – approx. 13 min (10km)
* Charles Darwin University Palmerston Campus – approx. 14 min (11km)
* Darwin CBD – approx. 25 min (29km)

Other Important Property Information:
* Year Built: 2014
* Council Rates: $387.24 approx. per quarter
* Area Under Title: 134m²
* Status: Tenanted – Lease Expiry 28/07/2026, Current Rent: $465/week
* Body Corporate Levies: $1,464.00 approx. per quarter

For more information or to arrange a private inspection, contact Simon Connelly from Agency HQ NT on 0411 210 744 or email simon@agencyhq.net.au.

Property Details

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Features & Amenities

Floor Plans

Floor plan 1

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Simon Connelly

1300 009 247 0411 210 744 simon@agencyhq.net.au