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.
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!
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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