18 Carpentier Cres, Wagaman NT 0810

Prime location in Wagaman | Rental yield outperforms market | No flood or fire risk | Study and balcony add versatility The property’s 5.32% rental yield offers a clear income advantage over typical Darwin returns, while its 804-869sqm block provides development optionality not found in standard suburban holdings. The 2008 entry price leaves substantial equity. This is a hold for cash flow or a strategic redevelop when zoning permits. The study and balcony are rare for a 1979 home, giving working professionals or families a functional edge over comparable listings in Wagaman. Built-in robes and car space for five reduce post-sale costs. Best suited to an investor chasing yield or a buyer who values space over renovation. To proceed, request the pest and building inspection to verify the 1979 structure. Then compare against similar Wagaman blocks with dual living potential to sharpen your bid.