1/20 Giles Street
East Side, NT 0870

This charming 1-bedroom unit is situated in the highly sought-after Old East Side area, offering a fantastic investment opportunity. Located within walking distance to the Alice Springs CBD and local amenities, this property is ideal for first-home buyers, downsizers, or investors seeking a low-maintenance lifestyle.

The unit features an open plan design that combines the lounge, kitchen, and dining areas, creating a spacious and functional living space. The entire unit is fully tiled, ensuring easy maintenance and a clean, modern aesthetic throughout.

Additional highlights include a private, fully fenced courtyard that provides a secure outdoor area for relaxation or entertaining. The property also includes a dedicated off-street car space, adding convenience and security for vehicle parking.

Set within a quiet and tightly held neighbourhood, residents can enjoy the charm and community atmosphere of one of East Side's most desirable locations. The area boasts a variety of cafes, shops, parks, and other amenities right at your doorstep, enhancing the lifestyle appeal of this property.

Financially, the property is currently rented until February 5, 2027, at a weekly rate of $390, offering a strong rental yield of approximately 8.2%. Body corporate fees are $1,240 per quarter, and council rates are $2,136.56 per annum.

This unit represents a great investment with solid returns and the potential for future capital growth in a prime location. Inspection is by appointment only.