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.