The Vault, Unit 5, 6 Willes Road,
Berrimah, NT 0828

Warehouse, Factory & Industrial

Key property information

Floor area

Zoning

Tenure type

Sold on

Return

Map of The Vault, Unit 5, 6 Willes Road

Directions

Great return 8.7% / minimal outlay

Multi-national Tenant 3M
True 8.7% net return
Asking below the marketed price in 2009

Willes Road is located just off College Road in Berrimah.

The precinct is less than 7 radial kilometres northeast of the Darwin CBD, less than 7 radial kilometres to Casuarina and less than 8 radial kilometres to Palmerston CBD.

This 50sqm storage unit at 'The Vault' is for sale at below the price they were first marketed at off the plan 10 years ago.

Multi-national Tenant 3M has been occupying the unit for seven years, paying $780 per month and renewing each year.

This small investment is a perfect SMSF purchase representing a 8.7% net return when your cash in the bank only earns about 2%.

Enquire now with Ryan Doyle 0405 192 3... or Lee Doyle 0403 348 2... at North Commercial NT.

Berrimah, 0828 demographic data

The median household income for Berrimah is $2,193, 1% lower than Greater Darwin's household income of $2,209. Berrimah has a younger age profile compared to the rest of Greater Darwin (median age 32 vs 34). Property ownership data shows 76% of property owners in Berrimah have a mortgage.

1,199

Population

$2,193 per week

Median household income

32 years

Median age

Owners

Most residents

Families

Most households