1-3/8 Cabrini Street

Units 1, 2 & 3/8 Cabrini Street, Bellamack A rare opportunity exists to acquire three separately titled investment properties, all offered together in one line, providing an immediate, secure income stream in one of Palmerston's most sought-after residential suburbs. Located in the growing community of Bellamack, approximately 26.5 kilometres south-east of Darwin CBD, these well-maintained single-level residences represent an outstanding opportunity for investors seeking a quality portfolio addition with established tenants already in place. Each unit has been thoughtfully designed for modern, low-maintenance living. Offering three generous bedrooms, two bathrooms and parking for two vehicles, these homes continue to attract strong tenant demand due to their practical layouts, contemporary finishes and convenient location. The open-plan living and dining areas provide comfortable everyday living, complemented by modern kitchens, air conditioning throughout and private outdoor entertaining areas. With established landscaping and easy-care gardens, these properties require minimal ongoing maintenance while maximising tenant appeal. The investment is further strengthened by secure lease agreements currently in place: Unit 1 is leased at $580 per week until 9 October 2026. Unit 2 is leased at $570 per week until 2 March 2027. Unit 3 is leased at $580 per week until 3 October 2026. Together, the properties generate a combined rental income of $1,730 per week, returning an impressive $89,960 per annum in gross rental income. Positioned only minutes from Palmerston CBD, Gateway Shopping Centre, schools, childcare facilities, parks and public transport, Bellamack continues to experience strong demand from both owner-occupiers and tenants, making this an attractive long-term investment location. Portfolio opportunities of this nature are seldom offered. With three separate titles, secure tenancies and strong holding income from day one, investors also have the flexibility of retaining the portfolio or divesting individual properties in the future. For further information or to arrange a private inspection, contact Darwin Property Group today.