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28 Asche Street, Muirhead NT 0810

$765,000

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$765k - $803k Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 2 Baths 2 Cars 499 m²

Listed: 26 days ago

Overview

This modern and well-maintained residence in Muirhead presents a compelling opportunity for investors and residents alike, combining low-maintenance living with flexible potential for future enhancements. Set on a manageable 499 sqm allotment, the property benefits from a double lock-up garage and established gardens, enhancing both convenience and curb appeal.

The interior features a practical open-plan design, where the modern kitchen, equipped with ample bench space and storage, seamlessly connects to spacious living and dining areas. Tiled flooring throughout underscores the easy-care aspect of the home, while air conditioning and ceiling fans ensure comfort in the tropical climate.

Accommodating three good-sized bedrooms, each with built-in robes, and two bathrooms, the layout is well-suited to families, couples, or tenants seeking comfortable spaces. The large undercover alfresco (approximately 6.5m x 5m) extends the living space outdoors, offering a versatile area for entertaining, dining, or relaxation amid established lawns and gardens.

Strong rental appeal with current lease at $750 per week until July 2027 and an estimated rental return of $850-$900 per week.
Fresh external paint complements the home's inviting aesthetic.
The alfresco area presents an opportunity for enclosure and additional living space, subject to approvals, appealing to owners looking to enhance property functionality.

This property represents an excellent proposition for investors due to its robust rental yield and low-maintenance profile, while also allowing future adaptability for owner-occupiers. Located within the specific use zoning (SD23), the home was built in 2013 and is well poised to meet diverse lifestyle needs.

In summary, this Muirhead home offers a balanced blend of functionality, comfort, and potential, making it a valuable addition for those seeking a versatile Northern Territory residence.

Local Market Insights

In Muirhead, Quiet Listings observed 24 new houses entering the market over the last 30 days, up from 13 during the previous 30-day period, with an average advertised asking price of $896,625. The property type mix of listed properties is predominantly Houses at 73%, followed by units (18%), and apartments (9%). The most active agency for houses in the Muirhead area is currently Ray White, representing 38% of new listings, followed by Real Estate Central with 33%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.