Residential Units / Housing

Fairweather Apartments

Coolalinga

Fairweather Apartments has just been completed at Coolalinga. The complex is facing the space for the new shopping village. There are 84 new and modern units available for owner-occupiers and investors.

 

There are 84 units in total, 24 were made available for owner-occupiers of which 19 have been sold and 5 remaining. The remaining 60 units have been taken on a 10 year lease by the Northern Territory Government and these will be sub-tenanted to essential service workers in the Territory. These units are now open to purchase by investors who will become the landlord for Government tenancy. The advantages are:
- No vacancies for 10 years.
- No maintenance issues for the landlord.
- Guaranteed rental with a base amount. It cannot go under, but at market rent annually can increase.
- Units will be refurbished before being returned to you after 10 years.
- There is an option for a further 5 year leaseback with the Government.

The above units could be an ideal self-managed superannuation investment, but this is something any investor has to consult a professional financial advisor about.

To view the online brochure click here

For enquiries please contact Simon Connelly.

12 O’Sullivan Circuit, East Arm NT 0822 +61 08 8943 7300 enquiries@ gwelodevelopments.com.au

Gwelo Developments has built a strong reputation in Darwin since 1975 and the company is well known and respected. Its developments have stood the test of time and been highly innovative and the Gwelo team is a strong team of long established professionals. Skills encompass a full range of construction and project management, commercial developments and residential design providing outstanding home owner, commercial, retail and investor options.

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