63/6 Stephens Road, Mount Johns NT 0874

| compact unit under the range | private rear position | strong rental demand in Alice Springs | priority school zone | This unit’s competitive edge lies in its uncommon rear-of-complex positioning under the MacDonnell Ranges, offering direct bush access and sweeping views rarely available in a bed-sitter format. The 51m² lot is efficient, not generous, but the layout works for a single occupant or downsizer who values location over space. The solar hot water and split-system air conditioning reduce ongoing outgoings, and the priority enrolment for Sadadeen Primary School adds a demographic floor to demand. It serves best as a low-maintenance owner-occupier starter or a reliable rental holding for investors seeking sub-$200k entry into Alice Springs. The main risk is the absence of past sales data and full ownership history, which may complicate financing for some buyers. The reported 1.14ha lot size in one source is almost certainly a data error, but verifying this with the title search will cost time. The rental yield at $330–$385pw against a $195k list price is acceptable for the market, but upside is capped by the unit’s size and the complex’s strata constraints. Do not overpay beyond the $180k–$200k range; buy at the lower end to lock in a 4.5% net return and hold for steady cash flow, not capital gain.