3 Kenbi Place, Rosebery NT 0832

Tenanted until 2027 | side access for boat or van | built 2006 by Vantage | 709sqm in Rosebery This property is being offered with a lease in place until January 2027, which removes vacancy risk and provides immediate income certainty for an investor. The 709 square metre block is generous for Rosebery, and the side access combined with a double carport and shed gives it a functional edge that most three-bedroom houses in the area lack. It suits an investor seeking a turnkey holding, or an owner-occupier willing to wait out the lease for a home with outdoor storage and low-maintenance gardens. The main risk is that the current rent of $700 per week sits below the estimated midpoint of $740, meaning the yield is slightly depressed for a buyer who cannot adjust the lease until 2027. The price guide is below estimated value, which suggests room to negotiate but also reflects the locked-in tenancy. The opportunity is to acquire a well-built, air-conditioned home on a large block with practical extras, hold it through the lease, and then reposition the rent upward. For an investor, this is a buy-and-hold with a known income floor; for an owner-occupier, it is a delayed move-in with above-average land and storage.