OFF MARKET

4/80 Nightcliff Road
Rapid Creek NT 0810

Bedrooms: 9
Bathrooms: 4
Car spaces: 6
Land area: 946m2
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Property Details for 4/80 Nightcliff Rd, Rapid Creek

4/80 Nightcliff Rd, Rapid Creek is a 9 bedroom, 4 bathroom House with 6 parking spaces and was built in 1978. The property has a land size of 946m2.

Building Type
House
Year Built
1978
Land Size
946m2
Local Government
Darwin
Lot/Plan
Loc 550 Lot 567/A 000255

Last Listing description (October 2007)

Versatile Beachside Investment With Excellent Returns
Not often an investment comes along which has all the components that this fabulous one does. This well maintained property offers versatility as a live in and manage type situation, an excellent location just metres to the beach, excellent rental returns and potential for good capitol appreciation.
Configured in a roomy three bedroom one bathroom, elevated home and three, two bedroom self contained units in the backyard this offers the potential buyer the ability to move into the house and have an extremely good return from the units. Currently it is used as a straight investment and is fully rented and returning over $55,000 per annum with the potential to increase this amount with minimal input.

The house and the units are in excellent condition and the owner has been diligent in keeping up the standard of their investment. The house is fully air conditioned throughout and has one wing housing the three bedrooms and bathroom.The bedrooms are roomy, airy and have air conditioning fitted. The other wing of the house comprises a spacious kitchen, dining area and an equally voluminous air conditioned lounge, living area that opens onto a great verandah area.
The units are set out in triplex format and have louvred windows, security screening front and rear. Each of the units has it's own courtyard area, and laundry facilities. Both end units have side access their courtyards.
Beneath the elevated house there is a large open plan entertaining area, ideal to hold social functions or a poolside BBQ. The property features a large fiberglass in ground pool which has just been resurfaced, giving it another 20-25 years trouble free life. The house has been painted inside and out in the last 12 months and the general condition of the property overall is good.
This type of property does not often enter the resale market as the versatility of potential uses, make it appeal to a wide buying market.
Priced at a very attractive $790,000, the owner is serious about selling.
If you are interested in more information about 80 Nightcliff Road, call Roxley Pearce on 89 822 425 direct at the office or on mobile 0418 895 345.
Council Rates: $3,425.00 pa (approx)
Rental Estimate: $1,070.00 pw (approx)
Lease Details: $55,640.00 per annum return
Land Area: 946m

Property History for 4/80 Nightcliff Rd, Rapid Creek, NT 0810

A timeline of how this property has performed in the market
  • 26 Nov 2006
    Listed for Sale $790,000

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About Rapid Creek 0810

The size of Rapid Creek is approximately 1.8 square kilometres. It has 7 parks covering nearly 44.9% of total area. The population of Rapid Creek in 2011 was 3,267 people. By 2016 the population was 3,290 showing a population growth of 0.7% in the area during that time. The predominant age group in Rapid Creek is 30-39 years. Households in Rapid Creek are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Rapid Creek work in a professional occupation. In 2011, 46.1% of the homes in Rapid Creek were owner-occupied compared with 43.9% in 2016.

Rapid Creek has 1,649 properties. Over the last 5 years, Houses in Rapid Creek have seen a 29.74% increase in median value, while Units have seen a 5.42% increase. As at 31 August 2024:

  • The median value for Houses in Rapid Creek is $748,753 while the median value for Units is $343,501.
  • Houses have a median rent of $600 while Units have a median rent of $490.
There are currently 13 properties listed for sale, and 10 properties listed for rent in Rapid creek on OnTheHouse. According to CoreLogic's data, 72 properties were sold in the past 12 months in Rapid creek.

Suburb Insights for Rapid Creek 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.