Pacific Property is proud to present this exceptional duplex opportunity in one of Darwin's most sought after coastal suburbs. Fully renovated and offering immediate dual income, this property presents the perfect combination of strong cash flow, future upside and flexible living options.
* Fully renovated duplex positioned on a generous 780sqm allotment in the heart of Nightcliff
* Two well presented 2 bedroom, 1 bathroom residences with excellent tenant appeal
* Unit 2 secured with a brand new 12 month lease returning $690 per week
* Unit 1 currently returning $590 per week with scope to increase to approximately $690 per week
* Potential combined rental income of approximately $1,380 per week
* Separate residences ideal for investors, extended family or owner occupiers seeking additional income
* Low maintenance improvements with nothing further to spend
* Valuable Low-Medium Density Residential (LMR) zoning offering future flexibility
* Potential to construct a third dwelling (subject to Town Planning approval)
* Prime coastal location moments from the Nightcliff Foreshore, schools, shopping and lifestyle amenities
If you have been searching for a high performing investment with genuine future upside, then your search stops here. Opportunities like this are becoming increasingly difficult to secure, particularly in tightly held Nightcliff where strong rental demand continues to drive excellent returns.
The property comprises two fully renovated residences that have been updated to maximise tenant appeal and minimise ongoing maintenance. With Unit 2 already secured on a new 12 month lease at $690 per week and Unit 1 currently returning $590 per week with clear potential for rental growth, investors can enjoy immediate income with further upside available.
The flexible configuration also presents an outstanding opportunity for owner occupiers wishing to live in one residence while leasing the second to help offset mortgage repayments.
Adding even greater appeal is the generous allotment and favourable zoning which may provide the opportunity to further develop the site with a third dwelling, subject to the relevant Town Planning approvals. Whether your strategy is to landbank, increase rental returns or explore future development potential, the possibilities here are substantial.
Located within one of Darwin's most desirable coastal suburbs, residents will enjoy easy access to the Nightcliff Foreshore, popular cafes, schools, markets and recreational facilities, ensuring ongoing demand from both tenants and owner occupiers alike.
For more information or to arrange a private inspection, contact your local Pacific Property real estate specialist: Nick Scaturchio 0433 038 633
