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Back 85 Progress Drive
Off Market

85 Progress Drive

Nightcliff NT 0810

11
9
1740 m²
1740 m²
Block of units
Last sold for $1,750,000
Rick TrippeRick Trippe, last sold this property on 25 March 2024 after 115 days on market.

Overview

Great investment in central location!

Looking for a solid investment property in a sought after, central location? 85 Progress Drive is now on the market. Just minutes from the renowned Nightcliff Markets, close to the forshore/beachfront and a short drive or ride away from Charles Darwin University, Royal Darwin Hospital and several major shopping centres, these apartments will always be a popular choice for tenants. There are great bike paths along the foreshore for leisure or commute and a quicker way to get to the Northern suburbs, with the Rapid Creek cyclist/pedestrian bridge providing a shortcut to the university and Hospital. The building is made up of the following: 7x 1-bedroom apartments (bedsit/studio) 2x 2-bedroom apartments (impression of layout in photos) Together these bring in $2,830 rent per week, coming in at just over $147,000 per annum. There is on site parking available and the property sits on a large block of 1740 sqm.

Features

11 bedrooms
9 bathrooms
1740 m² floor area
1740 m² lot size
Block of units

Estimated Value

We need at least 3 similar 11 bedroom block of units sold in Nightcliff over the last 12 months.

Property history for 85 Progress Drive

2024
Sold
$1,750,000
Private Sale/Treaty on 25 Mar 2024 by Rick Trippe, of Knight Frank - Darwin

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 11 bedroom block of units in Nightcliff

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Nightcliff

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Shyam Thapa

Sellers who recommend Shyam Thapa have praised them for being clear communication, local expert, well-prepared, supportive, responsive, honest and dedicated

  •   5   (71 reviews)
  •  3 Reviews in Nightcliff
  •  4 Sales in Nightcliff
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Susie Patton-Quinn

Sellers who recommend Susie Patton-Quinn have praised them for being clear communication, local expert, friendly, responsive, dedicated, well-prepared and reliable

  •   4.9   (78 reviews)
  •  2 Reviews in Nightcliff
  •  5 Sales in Nightcliff
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Roxley Pearce

Roxley Pearce is a recommended agent for Nightcliff.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   4.4   (8 reviews)
  •  1 Review in Nightcliff
  •  1 Sale in Nightcliff
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Frank Schembri

Frank Schembri is a recommended agent for Nightcliff.  They have 7 local sales across the last 12 months.

  •  7 Sales in Nightcliff
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