2/109 Asche Street
Muirhead, NT 0810

This property is a secure and long-term investment opportunity, currently leased to Defence Housing Australia (DHA) with guaranteed no vacancy until 2030. It offers reliable rental payments and stability, making it an ideal choice for investors seeking consistent returns and portfolio growth.

The spacious townhouse features three generously sized bedrooms, each equipped with built-in wardrobes for ample storage. The master bedroom includes a stylish ensuite and excellent storage options, enhancing comfort and convenience.

The living and dining areas are designed with an open-plan layout, allowing natural light to fill the space and create a welcoming atmosphere. The contemporary kitchen is fitted with quality appliances and provides ample bench space, catering to both everyday living and entertaining needs.

There are two modern bathrooms featuring sleek fittings and functional layouts, ensuring practicality and style. The property also includes a double lock-up garage with extra storage space and internal access, adding to the convenience and security of the home.

Additional off-street parking is available, ideal for guests or extra vehicles. The covered patio and private courtyard offer perfect settings for year-round entertaining and relaxation.

The low-maintenance 267 square meter allotment suits busy lifestyles and investors looking for manageable property upkeep. Positioned in one of Muirhead's most desirable areas, the home is close to parks, walking trails, schools, shopping precincts, and essential amenities, providing excellent lifestyle appeal.

Important details include the DHA lease expiry on 22nd September 2030, with a right to renew for 1 to 3 years. The property is rented at $810 per week, with rental reviews conducted annually in December. The lease includes DHA's 'Make good' provisions at the end of the lease term.

This modern townhouse presents outstanding value for both homebuyers and investors seeking a smart investment in a high-demand suburb. Its combination of secure tenancy, quality features, and prime location makes it a compelling opportunity in the Darwin property market.