With a return of $7021.88 per annum this is the perfect property to start your investment portfolio. Be a part of Darwin’s exciting expanding tourism industry – this is an opportunity not to be missed. MELALEUCA is a purpose built Backpacker Hostel comprised of 98 Strata Titled Units (a total of 452 beds). It is located in the centre of the city’s budget accommodation, entertainment and night life precinct. The Darwin Transit Centre is located opposite with facilities for interstate coaches, shuttle buses and local tours. Melaleuca has the highest street profile of any budget accomodation in Darwin. This is the result of the Mitchell Street frontage (complete with Internet and Tour Desk) at ground level then above are 2 open leisure decks. These decks incorporate a pool, waterfall, shaded areas to relax, bar, kitchen and dining area. Council Rates : $600.00 pa approx.