SoldMar 25, 2024

85 Progress Drive, Nightcliff, NT, 0810

$1,750,000

11
9
1740 m²
1740 m²

BlockOfUnits

30+ days on the market

Sold: Mar 25, 2024

What's around 85 Progress Drive

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.

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