69 Progress DriveNightcliff NT 0810
Property Details for 69 Progress Dr, Nightcliff
Last Listing description (August 2024)
69 Progress Drive is the newest addition to the growing retail and commercial offering in Nightcliff.
Situated on Progress Drive, it has excellent exposure to passing traffic and has two crossovers off Progress Drive. Parking is a breeze with 150 car bays and great parking to the front of the development and around the building with full drive-around access.
The development has been finished to the highest standard and has set a new benchmark in Nightcliff. The development is anchored by the Journey Early Learning Childcare Centre to the rear of the development. The new Fresh Point Caf at the front of the complex is now open, which is great for tenants and residents around the area.
There are several additional tenancies which are now occupied and some good quality options for lease remain for lease.
To the side of the caf is a 180sqm tenancy with 2 enclosed offices/breakout rooms which would be an ideal office space but would also suit medical or retail. This tenancy also has its own kitchenette.
There is a larger 1,000sqm tenancy to the front of the complex also for lease and this can be broken down to create two 500sqm tenancies.
Both these tenancies offer great signage opportunities to passing pedestrian and vehicular traffic and offer exceptional natural light.
The tenancies will be finished with suspended ceilings, LED lighting, painted throughout, air-conditioned together with floor coverings.
There are high quality end of trip facilities in the complex available to all tenants.
Attractive rents on offer from $425/sqm gross plus GST and for the right deal the lessor is willing to offer incentives to secure the right tenant.
For an opportunity to inspect what is available please contact Knight Frank on 08 8982 2500 or Matthew Knight on 0413 058 020.
Property History for 69 Progress Dr, Nightcliff, NT 0810
- 23 Jul 2024Listed for Rent $250,750 / year
- 27 Jun 2023Listed for Rent - Price not available
- 25 Mar 2021Listed 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 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.
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