Property Type
Min. Price
Max. Price
Beds
Baths
Parking
Property No: 3520615

20 Hannibal Cres, Gray, NT 0830

House 971
1,250,000
20 Hannibal Cres, Gray, NT 083020 Hannibal Cres, Gray, NT 083020 Hannibal Cres, Gray, NT 083020 Hannibal Cres, Gray, NT 083020 Hannibal Cres, Gray, NT 083020 Hannibal Cres, Gray, NT 083020 Hannibal Cres, Gray, NT 083020 Hannibal Cres, Gray, NT 083020 Hannibal Cres, Gray, NT 083020 Hannibal Cres, Gray, NT 083020 Hannibal Cres, Gray, NT 083020 Hannibal Cres, Gray, NT 083020 Hannibal Cres, Gray, NT 083020 Hannibal Cres, Gray, NT 083020 Hannibal Cres, Gray, NT 083020 Hannibal Cres, Gray, NT 083020 Hannibal Cres, Gray, NT 083020 Hannibal Cres, Gray, NT 083020 Hannibal Cres, Gray, NT 083020 Hannibal Cres, Gray, NT 083020 Hannibal Cres, Gray, NT 083020 Hannibal Cres, Gray, NT 083020 Hannibal Cres, Gray, NT 083020 Hannibal Cres, Gray, NT 083020 Hannibal Cres, Gray, NT 0830

DON'T MISS AUCTION THIS SATURDAY 21ST FEB

Offered for auction, this is a genuinely rare, unicorn investment opportunity that will immediately resonate with the shrewd, yield-focused investor. Large-scale, income-producing assets with this level of flexibility, separation, and upside are exceptionally uncommon and are seldom brought to market.
Purpose-built for performance, the property comprises nine bedrooms and seven bathrooms, intelligently configured to maximise rental potential. A standout feature is the dual street frontage with two completely independent entrances, allowing for versatile multi-tenancy and diversified rental strategies. The property is further enhanced by separate electrical meters throughout, providing operational clarity, simplified management, and strong appeal for long-term investors. The inclusion of solar power helps reduce operating costs and supports improved net returns.
The asset is already generating approximately $1,200 per week, with immediate and clearly defined upside. By leasing the currently owner-occupied component�comprising three bedrooms and two bathrooms�total income can be increased to approximately $1,900 per week.
For investors who recognise value-add opportunities, there is further scope to create a 10th bedroom with minimal capital expenditure, unlocking an additional estimated $250 per week. Once fully optimised, a shrewd investor could reasonably expect gross returns approaching 9%, a compelling result in today's market for a property of this scale and configuration.
Beyond its strong financial fundamentals, the property also delivers on tenant appeal and security. Features include an eight-person spa, undercover parking, and remote-control security gates, all of which enhance liveability, safety, and rental demand.
Properties of this nature�large-format, separately metered, dual-access investments with proven and expandable income streams�are exceptionally rare. For investors who understand yield, scalability, and future-proofed design, this auction represents a standout opportunity to secure a truly unique, high-performing asset.

Onsite Auction: 21st of Feburary 2026 at 10.30am

Property:House
Bedrooms:9
Bathrooms:7
Parking:1
Land Size:835 sqm
Open for Inspection Times:

By Appointment - Contact Agent.

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