13/6 Stephens Road, Mount Johns NT 0874

Studio unit | rangewiews | pool complex | entry-level buy This is a compact, well-positioned studio unit in a secure complex with rare mountain views and shared pool access-features that lift it above most entry-level apartments in Alice Springs. Its small footprint and low price point suit a first home buyer seeking affordability with lifestyle amenity, or an investor chasing a sub-$200k entry with a reasonable rental yield. The built-in robes, split-system aircon, and balcony are practical additions that reduce the need for immediate upgrades. The main risk is limited internal space at 33m², which narrows the buyer pool to singles or couples and caps long-term capital growth. The lot is small and shared, so there is no land leverage. Buyers should check body corporate fees and any sinking fund obligations before committing. On the opportunity side, the property is priced near its estimated value with a rental estimate of $375 per week, offering a gross yield just under 10%-strong for the market. Hold as a rental or use as a low-cost base while building equity elsewhere.