18 Warburton Street, East Side NT 0870

Large block overlooking pool | 11 bedrooms, low yield | No heritage overlay | Permit ready | High power cost exposure The property’s scale produces a yield of roughly 4.5% at the listed price—below market for East Side—because 11 rooms intensify maintenance and vacancy risk without proportionally raising rent. The sub-6.0 EER rating adds ongoing power cost exposure that cuts net return by approximately $3,000 annually versus an efficient house. The in-ground pool and 580m² building footprint create a holding cost that suits an owner-occupier absorbing the overhead, not a rental investor seeking passive income. This block’s edge is its permit in place for development, which few East Side houses of this size offer, giving a buyer optionality to redevelop without rezoning risk. The dual street access, separate apartment, and 8 parking spaces support a multi-generational family or a room-by-room lodger model, reducing per-bedroom vacancy impact. For a buyer who can use the space, the price sits near the lower end of the suburb’s per-square-metre range, but the yield math demands an owner who lives in or actively manages the house rather than relying on passive rent.