Perfectly positioned in the heart of vibrant Nightcliff, this top-floor one-bedroom apartment presents an exceptional opportunity for investors or renovators alike.
Currently rented at $330 per week until 27/02/2025, the tenants are happy to stay on, ensuring immediate rental income for savvy buyers. With a gross rental yield of 6.86% based on the asking price of $250,000, this property delivers impressive returns in a high-demand location.
Key Features:
? Top-floor position in a boutique complex of just 16 units
? Ideal investment with a tenant in place offering steady returns
? Opportunity to renovate or update to boost value
? Low-maintenance, practical design with natural light throughout
? Open plan living complemented by a tidy kitchen
? Private balcony with leafy elevated views
? Spacious bedroom with built-in robes and a bathroom/laundry combo
? Split-system air conditioning for year-round comfort
? Off-street parking for one vehicle
Lifestyle Highlights:
? Steps from Nightcliff?s stunning foreshore and amenities
? Aralia Street shops conveniently located across the road
? Moments to tennis courts, swimming pool, and walking tracks
? Excellent dining and shopping options within easy reach
? Just over 10 minutes to Darwin CBD
With its unbeatable location, immediate rental income, and potential for further value-adding renovations, this apartment ticks all the boxes for investors or future owner-occupiers.
Don?t miss this opportunity to secure a property offering a strong 6.86% gross rental yield and all the lifestyle benefits of Nightcliff. Contact us today to arrange your inspection!
Council Rates: Approx. $1748 per annum
Area Under Title: 52 sqm
Year Built: 1980
Zoning: MR (Medium Density)
Status: Vacant Possession
Rental Estimate: Approx. $320 - $360 per week.
Body Corporate: Elite Strata
Body Corporate Levies: Approx. $1,102.50 per quarter.
Vendors Conveyancer: Voeuk Conveyancing
Settlement period: 45 days or on variation on request
Deposit: 10% or variation on request
Easements as per title: None found