4/6 Stephens Road, Mount Johns NT 0874

1 bed flat | split-system air con | in-ground pool | carport | Sadadeen Primary zone The property’s competitive strength lies in its low entry price within a complex where recent sales have settled around $188,000 to $190,000, giving a buyer immediate equity potential at the $192,500 ask. The inclusion of built-in robes, a carport, and access to a pool makes this unit more finished than many comparables, which often lack covered parking. It is best suited to a first-home buyer seeking a foothold in Alice Springs or an investor targeting the reliable rental demand corridor near Sadadeen Primary School. The main risk is that the lot size is small at 51m², limiting future redevelopment scope and possibly affecting lender appetite for some buyers. The rental estimate of $340 to $395 per week, while solid, does not leave much margin after body corporate fees typical of such complexes. There is an opportunity to negotiate below asking given the recent sale of 154/6 for $188,000. Hold this property as a low-maintenance rental or a stepping-stone home, and review the strata accounts before committing.