185 Paterson Street, Tennant Creek, NT 0860

$330,000

Block Of Units
Type
4
Bedrooms
2
Bathrooms
2
Parkings
1,000 m²
Area

Last updated on Saturday, October 03, 2026 ( See property details for 185 Paterson Street, Tennant Creek, NT 0860)

$330,000

Jo-Anne Pulsford Senior Sales Consultant & Auctioneer
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile investment property comprising two upgraded, high-demand units on a spacious 1,000 m² block in a central Tennant Creek location, offering excellent rental returns and future development potential.

🏡 Property Highlights

  • Two recently upgraded, high-demand two-bedroom units
  • Prime central location adjacent to Centrelink and amenities
  • Generous 1,000 m² block ideal for investment or development
  • Strong rental income potential of approximately $800 per week
  • Covered off-street parking for added convenience
  • Proven high rental demand in Tennant Creek

✨ Key Features

  • Air Conditioning
  • Built-in Robes
  • Outdoor Area
  • Open-Plan Living
  • Secure Parking
  • Internal Laundry
  • Pet-Friendly
  • Low-Maintenance Yard
  • Ensuite
  • Balcony

Tennant Creek is a vibrant regional hub offering strong rental yields and growth prospects. Its central location provides easy access to essential amenities, government services, and local attractions. The area boasts a friendly community atmosphere and ongoing development projects. With excellent transport links and a stable economy, Tennant Creek is ideal for investors seeking reliable returns. The town’s natural beauty and outdoor lifestyle options make it a desirable place to live and work.

What is the current condition of the units and are there any recent upgrades?
The units have been recently upgraded, with the front unit freshly painted and both units featuring modern, comfortable living spaces.
What is the rental potential and current estimated rental income?
The property has an estimated rental income of approximately $800 per week, making it a strong investment opportunity.
Are there any development or zoning restrictions on the property?
The property is situated on a 1,000 m² block in a central location, suitable for investment or potential future development, subject to local council approvals.
What are the ongoing costs associated with the property?
Annual council rates are approximately $3,942, which include waste management and other municipal services.
Is the property suitable for tenants and what amenities are nearby?
Yes, the units are in high demand among tenants, and the property is within walking distance to popular amenities, including the new Centrelink office and local shops.
Are there any existing easements, covenants, or zoning restrictions affecting the property? Has the property been inspected for structural issues or pests? Are there any planned developments or construction projects nearby that could impact the property? What are the terms of the current lease agreements, and are there any leasehold restrictions? Are there any outstanding council or utility bills associated with the property? Is there any history of flooding or bushfire risk in the area? Are there any strata or body corporate fees applicable to this property? What are the future growth prospects for Tennant Creek and the surrounding area? Are there any restrictions on property modifications or renovations? What is the history of rental occupancy and vacancy rates for these units?

185 Paterson Street, Tennant Creek, NT 0860 - More Details

$330,000

Ready to make your dream a reality and become a landlord? Is this what you have been waiting for? A 1000 square metre property could be purchased today ready for tenants and providing a good rental return each week.

There are two privately built two-bedroom units and have been in high demand when vacancies occur. The air-conditioned units have received some recent upgrading and make for pleasant living. The front unit has been painted inside. Covered off street parking is a bonus.

This address occupies a prominent and central position adjacent to the new Centrelink office on the main street and within walking distance to most of the popular amenities.

This small complex is an ideal entry level asset for the smart investor. Tennant Creek has produced excellent returns over many years and with all that is on the horizon for the area, the possibilities are only positive.

Council rates $3942 inc bins per annum
Estimated rental $800 per week
Type
Block Of Units
Bedrooms
4
Bathrooms
2
Parkings
2
Area
1,000 m²
House Size
70 m²

Map & nearby places — 185 Paterson Street, Tennant Creek, NT 0860

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