RealEstateAI
List
1 / 30
Photos © LJ Hooker Darwin, shown from LJ Hooker’s listing.
HouseFor sale

Please Call

20 Hannibal Crescent

Gray, NT 0830

  • 9 beds
  • 7 baths
  • 9 car spaces
  • 835 m² land

20 Hannibal Crescent, Gray

Offered for auction, this is a genuinely rare, unicorn investment opportunity that will immediately resonate with the shrewd, yield-focused investor. Large-scale, income-producing assets with this level of flexibility, separation, and upside are exceptionally uncommon and are seldom brought to market.Purpose-built for performance, the property comprises nine bedrooms and seven bathrooms, intelligently configured to maximise rental potential. A standout feature is the dual street frontage with two completely independent entrances, allowing for versatile multi-tenancy and diversified rental strategies.

The property is further enhanced by separate electrical meters throughout, providing operational clarity, simplified management, and strong appeal for long-term investors. The inclusion of solar power helps reduce operating costs and supports improved net returns.The asset is already generating approximately $1,200 per week, with immediate and clearly defined upside.

By leasing the currently owner-occupied component-comprising three bedrooms and two bathrooms-total income can be increased to approximately $1,900 per week.For investors who recognise value-add opportunities, there is further scope to create a 10th bedroom with minimal capital expenditure, unlocking an additional estimated $250 per week. Once fully optimised, a shrewd investor could reasonably expect gross returns approaching 9%, a compelling result in today's market for a property of this scale and configuration.Beyond its strong financial fundamentals, the property also delivers on tenant appeal and security.

Features include an eight-person spa, undercover parking, and remote-control security gates, all of which enhance liveability, safety, and rental demand.Properties of this nature-large-format, separately metered, dual-access investments with proven and expandable income streams-are exceptionally rare. For investors who understand yield, scalability, and future-proofed design, this auction represents a standout opportunity to secure a truly unique, high-performing Features air conditioningspabalconycourtyarddishwasherfully fencedbuilt inssolar panels Property Brochures Property ID 5DUUF2X

Features

  • air conditioning
  • solar
  • balcony

More homes in Gray

Back to results