169 Bagot Road, Ludmilla, NT 0820

For the investors! A non strata titled property in a central location between the city, Casuarina and Home Maker – this property has potential. The block includes 5 single bedroom units all with their own private courtyard and some parking out the front – access via Bagot Road and a short commute to all major amenities. 

The property is set back from the road with a small grassy front yard and a side parking bay with space for 1 car per unit. Each unit has security screens over the front door for added peace of mind. 

Inside is an open plan living, dining and kitchen area to each – each has a variation of the same design with overhead storage space and under bench storage. Each unit has 1 bedroom and a bathroom with shower and vanity. 

Outside is a courtyard with a small verandah that shelters the laundry amenities for each – the courtyard has a clothes line and space enough for some gardens and outdoor entertaining. The end unit number 5 includes a small walkway down to the courtyard at the rear. 

Centrally located between the city, casuarina and Home Maker, its only 5 minutes to the iconic Nightcliff foreshore and coastline and close to schools for the kids, bus routes and the Fannie Bay area for a coffee on the weekends. 

This is a great investment opportunity to bump the portfolio. 

Brochure Points: 

•	Buy all 5 units – each has a tenancy in place 
•	Apartment 5 has a small side walkway leading to the courtyard 
•	Each apartment has a single bedroom and single bathroom 
•	Open plan living areas with dining room and kitchen 
•	Kitchens all vary – overhead storage and prep areas to work from 
•	Courtyards all have the laundry amenities hosted ender the eves 
•	Parking out the front – 1 per unit 
•	Easy access to main road for a quick commute in any direction 
•	For the investor – buy the whole block 

Around the Suburb: 

•	Central location – easy commute through to Casuarina and Home Maker 
•	Day care up the road, 5 minutes from schooling options 
•	Bus routes run near by 
•	nearby to community parklands to walk the dog 
•	5 minutes to the East Point or Nightcliff coastline 
•	Weekend coffee at the Cool Spot 

RENTAL INCOME
1.	Unit 1: $280 per week, lease expires 3rd February 2026
2.	Unit 2: $290 per week, lease expires 28th August 2025
3.	Unit 3: $250 per week, lease expires 10th April 2025
4.	Unit 4: $210 per week, periodic lease (Tenant moved in 2010)
5.	Unit 5: $240 per week, periodic lease (Tenant moved in 2014)

Total Rent per Week: $1,270
$895,000 asking price
Yield: 7.4%

Unlock the full potential of this block of flats—with some strategical cosmetic upgrades, you can dramatically boost rental income, making it a prime investment opportunity!"

Other Info:

•	Council Rates: Approx. $8,744 per annum   
•	Area Under Title: 870 square metres    
•	Year Built: 1972
•	Zoning: LMR (Low-Medium Density Residential)
•	Body Corporate: Self Managed   
•	Vendors Conveyancer: Lawlab 
•	Settlement period: 45 days or variation on request    
•	Easements: As per title 
•	Deposit: 10% or variation on request