OFF MARKET

502A/65 Progress Drive
Nightcliff NT 0810

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 161m2
Land area: 161m2
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Property Details for 502a/65 Progress Dr, Nightcliff

502a/65 Progress Dr, Nightcliff is a 2 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 161m2 and floor size of 161m2.

Building Type
Unit
Floor Size
161m2
Land Size
161m2
Local Government
Darwin

Last Listing description (May 2024)

Where indoor living flows seamlessly to marvellous views from your own private balcony and the picturesque coastline beckons, you?ll want to call this gorgeous low maintenance property home or add it to your portfolio boasting an incredible rental yield of $600 per week . Positioned walking distance to all you could possibly need, this two-bedroom two-bathroom apartment in a secure gated complex offers an ideal fusion of easy care living with convenience nearby. Suitable for first home buyers, retirees and investors alike, this fantastic opportunity is not to be missed.

Well-appointed with induction cooktop and wall oven, the striking kitchen overlooks a living/dining space with seamless access to the perfect outdoor entertainment area. Prepare delicious food to share as you host fabulous alfresco meals with guests on the huge balcony, revelling in balmy tropical breezes and spectacular Top End sunsets. Well-designed with privacy in mind, the layout provides separation for the bedrooms with the main bedroom benefitting from an ensuite and sliding door leading to the balcony. The features just keep coming here. Cool off in the refreshing onsite pool, enjoy the convenience of lift access, and there is also a storeroom and secure undercover parking for two vehicles.

Superbly situated in a coveted coastal location it?s a leisurely stroll or cycle to the beautiful Nightcliff waterfront and tempting dining options at the Foreshore Caf? are within easy reach. You?ll be spoilt for choice with local shopping, bus routes and all amenities nearby and the CBD and major retail centres are a short drive from home.

Status: Leased ($600 per week until Jan 2025)
Area under Title: 163m2
Easements: None
Conveyancer: Tschirpig Conveyancing
Zoning: HR - High Density
Built by Zikos Properties in 2015
Council Rates: $1300 per annum
Body corp quarterly fees: $1375
Admin Fund Balance: $2992.13
Sinking Fund Balance: $119,835.11
Pet?s Allowed: No dogs, other small pets on application to body corp
Hot water: Electric
Cooktop: Electric
Settlement Period: ASAP

- Spacious fifth floor apartment with large balcony
- Kitchen with induction cooktop & wall oven
- Main bedroom with ensuite & balcony access
- Gated complex with lift access & pool
- Secure undercover parking for 2 vehicles
- Stroll or cycle to the shoreline & restaurant
- Easy walk to bus, supermarkets & childcare

Call to inspect with The JH Team today!

Property History for 502a/65 Progress Dr, Nightcliff, NT 0810

A timeline of how this property has performed in the market
Listed for Rent
10 Aug 2021
  • 23 Aug 2023
    Listed for Sale OFFERS OVER $450,000
  • 13 Jul 2021
    Listed for Rent - Price not available
  • 20 Oct 2020
    Listed for Rent - Price not available

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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 41.13% increase in median value, while Units have seen a 26.11% increase. As at 31 October 2024:

  • The median value for Houses in Nightcliff is $809,029 while the median value for Units is $333,018.
  • Houses have a median rent of $650 while Units have a median rent of $485.
There are currently 24 properties listed for sale, and 12 properties listed for rent in Nightcliff on OnTheHouse. According to CoreLogic's data, 103 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.