Back 402A/65 Progress Drive
Off Market

402A/65 Progress Drive

Nightcliff NT 0810

2
2
2
102 m²
160 m²
Apartment
Last sold for $440,000
Nathan CunneenNathan Cunneen, last sold this property on 25 June 2025 after 106 days on market.

Overview

7.5% Yield Investor’s Dream or Perfect Home – Don’t Miss Out!

For more property information including body corporate and reports text 402A to 0488 810 057 Step into contemporary comfort with this stylish 2-bedroom, 2-bathroom apartment, perfectly positioned in the sought-after suburb of Nightcliff. Located on Progress Drive, this beautifully designed residence offers the ideal blend of modern convenience and coastal charm. Wake up to refreshing sea breezes with the Nightcliff Foreshore just moments away-perfect for morning walks, cycling, or unwinding by the water. Enjoy easy access to local cafés, shops, schools, and public transport, ensuring a relaxed and effortless lifestyle. Whether you're a homebuyer or investor, this apartment ticks all the boxes. With a rental estimate of $620 - $650 per week, investors can expect a strong yield of approx. 7.1% - 7.5%. Designed with space and functionality in mind, this apartment features a generously sized living area, an expansive balcony, and an additional area ideal for a private study or home office-perfect for those who work from home or need extra flexibility. Plus, residents enjoy access to the sparkling swimming pool, perfect for cooling off on warm Darwin days. Apartment Highlights: -Two spacious bedrooms with built-in wardrobes - Two modern bathrooms, including a private ensuite in the master bedroom - Expansive open-plan living area leading to a large balcony-ideal for entertaining - Additional area for a study or home office for extra versatility - Access to the sparkling swimming pool within the complex - Two secure car spaces for ultimate convenience - Air conditioning throughout for year-round comfort - Furniture negotiable to suit your needs - Well-appointed kitchen with quality appliances - Internal laundry for added practicality - Private storeroom for extra space - Lift access in a well-maintained complex Whether you're a homebuyer seeking a low-maintenance lifestyle or an investor looking for a prime opportunity in Darwin's thriving market, this apartment ticks all the boxes. Other Info: • Council Rates: Approx. $1,450 per annum • Area Under Title: 163 square metres • Year Built: 2015 • Zoning: HR (High Density) • Status: Vacant Possession • Rental Estimate: Approx. $620 - $650 per week • Body Corporate: North Management • Body Corporate Levies: Approx. $1,623 per quarter • Settlement period: 45 days or variation on request • Easements: As per title • Deposit: 10% or variation on request

Features

2 bedrooms
2 bathrooms
2 carspaces
2 carport spaces
102 m² floor area
160 m² lot size
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Nightcliff over the last 12 months, the estimated median property value of 402A/65 Progress Drive is $442.5k.

Median value
$442.5k
Estimated value range
$300k - $527k
Median days on market
57
Estimated value trend
8%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Nightcliff. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 402A/65 Progress Drive

2025
Sold
$440,000
25 Jun 2025 by Nathan Cunneen, of Real Estate Central
2024
Rented
Undisclosed
Leased on 30 Jun 2024 by Real Estate Central
2023
Rented
Undisclosed
Leased on 09 Feb 2023 by Ray White Darwin | Palmerston

Happy sellers in Nightcliff

85%
85% of sellers in Nightcliff reported that their sale price either exceeded or met their price expectations.

Nightcliff stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Nightcliff over the last 12 months.

Local market activity for 2 bedroom apartments in Nightcliff

In the last 12 months, 28 two-bedroom apartments similar to 402A/65 Progress Drive, have been sold.

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