OFF MARKET

4/38 Progress Drive
Nightcliff NT 0810

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 86m2
Land area: 127m2
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Property Details for 4/38 Progress Dr, Nightcliff

Building Type
Commercial
Year Built
1990
Floor Size
86m2
Land Size
127m2
Local Government
Darwin
Lot/Plan
Loc 550 Lot 537/A 000144

Last Listing description (August 2022)

- Strata commercial unit located in the Nightcliff Shopping Village
- Approved for medical although suitable for other uses including office or retail
- Frontage to the central court yard area

- Unit building area approx. 127m

- The current fit-out includes
- Reception and seating area
- Doctors room plus an adjoining room, both with sink units
- Utility room with sink unit
- Bathrooms, male & female, plus disabled
- Plus a separate retail area approx. 30m currently occupied by a barber shop

- Area under title is 127m
- Planning Scheme Zone C (Commercial)

Offered vacant possession on settlement

For Sale: $520,000 + GST

For more information or to arrange an inspection, call Nick Syrimi 0412 537 638 today at Ray White Commercial (NT)

Visit our website rwcnt.com.au to view all our property listings!

Property History for 4/38 Progress Dr, Nightcliff, NT 0810

A timeline of how this property has performed in the market
Last Sold
$520,000
19 Aug 2022
  • 19 Aug 2022
    Sold for $520,000
  • 08 Apr 2022
    Listed for Sale $520,000 + GST
  • 26 Jul 2004
    Sold for $330,000
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About Nightcliff 0810

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 39.67% increase in median value, while Units have seen a 18.61% increase. As at 30 September 2024:

  • The median value for Houses in Nightcliff is $843,293 while the median value for Units is $331,524.
  • Houses have a median rent of $650 while Units have a median rent of $485.
There are currently 26 properties listed for sale, and 17 properties listed for rent in Nightcliff on OnTheHouse. According to CoreLogic's data, 95 properties were sold in the past 12 months in Nightcliff.

Suburb Insights for Nightcliff 0810

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.