1/2 Caterpillar Court
Desert Springs, NT 0870

Overview

1/2 Caterpillar Court, Desert Springs NT 0870

Positioned in the sought-after Desert Springs precinct, 1/2 Caterpillar Court offers an exceptional investment opportunity for those seeking strong rental returns, low-maintenance living, and promising long-term growth potential.

This townhouse is part of a boutique complex comprising only three units, providing a sense of exclusivity and community. The property is designed over two levels, featuring a versatile and highly desirable layout that caters to a wide range of tenants.

The home includes three well-proportioned bedrooms. Notably, there is a ground-floor bedroom which is ideal for shared living arrangements or multi-generational tenancy, enhancing the property's flexibility. Upstairs, two additional bedrooms provide comfortable accommodation.

The main bedroom is a highlight, boasting a private ensuite and a balcony that offers elevated views over the Todd River. This feature not only enhances the lifestyle appeal but also increases rental desirability.

A standout aspect of the property is the expansive open-plan living area. This space offers exceptional room and flow, seamlessly connecting to a private courtyard, which is a key attraction for tenants seeking outdoor living and entertaining options. The well-appointed kitchen is functional and convenient, featuring ample storage and an outlook over the outdoor entertaining area.

Adding further value, the property is equipped with solar panels and a battery system. This setup delivers energy efficiency and reduces utility costs, an increasingly attractive feature for tenants and a significant long-term cost benefit for investors.

Investment highlights include a rental income of $720 per week with a lease in place until 20 July 2026, and an approximate gross rental yield of 7.3%. The boutique complex of only three units and the flexible three-bedroom configuration appeal to a broad tenant market.

The property offers excellent storage throughout and is conveniently located close to popular dining options, Desert Springs Golf Club, health facilities, and just minutes from the town centre. This prime location ensures the property is well-positioned to attract and retain quality tenants.

With strong cash flow, a premium location, and added energy efficiency, this townhouse represents a high-performing investment opportunity ready to deliver immediate returns.

Location