4/38 Kurrajong Cres, Nightcliff is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Unit sold in Nightcliff in the last 12 months.
Located in a boutique complex of just 4 units and only a short stroll from the popular Nightcliff Foreshore walking track, this solid 2-bedroom unit is an investor's dream. Currently leased at $430 per week, it's an excellent option for those seeking a cost-effective investment with room to add value.
With a spacious, open-plan living area that extends seamlessly to the balcony through glass sliding doors, the potential to create a modern beach-side retreat is clear. An off-street, undercover parking space for one vehicle adds convenience.
Cafes, restaurants, markets, and schools are all within easy reach, making this property perfectly positioned for lifestyle and convenience. With its generous proportions and well-designed layout, it ticks all the boxes for savvy investors seeking value for money.
For more information or to arrange an inspection, please contact Matt on 0417 866 821 or Demi on 0448 951 305.
Year Built: Approx. 1983
Area Under Title: 75m2
Current Lease: $430 per week
Lease Expiry: 28/11/2024
Council Rates: Approx. $1,750 per annum
Body Corporate Management: Whittles
Body Corporate Fees: $1,090 per quarter
Pets on Application (Majority Resolution)
Settlement Period: 30 days (discuss alternative with agent)
Deposit: $10,000 minimum
Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions.
The size of Nightcliff is approximately 1.5 square kilometres. It has 6 parks covering nearly 6.5% of total area. The population of Nightcliff in 2011 was 3,654 people. By 2016 the population was 3,838 showing a population growth of 5.0% in the area during that time. The predominant age group in Nightcliff is 30-39 years. Households in Nightcliff are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Nightcliff work in a professional occupation. In 2011, 46% of the homes in Nightcliff were owner-occupied compared with 40.4% in 2016.
Nightcliff has 2,183 properties. Over the last 5 years, Houses in Nightcliff have seen a 41.13% increase in median value, while Units have seen a 26.11% increase. As at 31 October 2024:
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