46/69 Boulter Road Berrimah NT 0828

3-bed duplex in complex | 225m² lot with 2 car garage | FTTP NBN | No overlays | Priority to local schools This property presents a competitively sized duplex within a known complex, offering a functional three-bedroom layout with dual parking—a standard but reliable configuration for the area. Its absence of environmental overlays simplifies due diligence, and priority enrolment to established schools positions it for stable tenant demand from small families or budget-conscious owner-occupiers. The internal area is efficient, aligning with typical duplex yields. Recent comparable sales within the same building, however, establish a clear value benchmark below the current asking price. This discrepancy introduces an immediate negotiation risk; paying a significant premium requires justification from unverified attributes like condition or aspect. The property suits a buy-and-hold strategy targeting long-term land value within the complex, not short-term gains. A Propcred report would pressure-test this valuation against precise locality risks and insurance exposures, ensuring your offer reflects its true market position. Nearby sales in the same complex provide critical context: – 20/69 sold for $430,000 in June 2025, rented at $650/week. – 62/69 and 64/69 sold for approximately $460,000 after being held for ten years. These figures suggest the current listing requires scrutiny to validate its premium over recent, nearly identical sales.