6/9 Chapman Court, Araluen NT 0870

price under $400k | high body corp fees | tight tenancy yield | location and views drive value The first thing to flag is the body corporate fees at $4,384 annually which is high for a unit at this price point and will eat into any rental return directly. The rental income at $510 per week gives a gross yield around 6.8% which is acceptable but not exceptional for Alice Springs and the property needs to be held for capital growth not cash flow. The quiet complex and renovated finish reduces vacancy risk but the buyer should treat this as a low-maintenance hold for steady rental income or a first home amid manageable outgoings. What makes this competitive is the combination of a full renovation with new flooring and appliances plus the MacDonnell Ranges views which are rare in this price bracket. The pet-friendly status and private courtyard with sheds add real appeal for tenants or owner occupiers who want a lock and leave. It serves best a budget conscious buyer wanting a move in ready unit with strong location fundamentals and minimal future work. Consider booking a strata document review and a rental appraisal to confirm the yield holds against the body corp costs.