Lifestyle Living Meets Smart Investment
Perfectly positioned in the heart of vibrant Nightcliff, this top-floor one-bedroom apartment presents an exceptional opportunity for investors or renovators alike. Currently rented at $330 per week until 27/02/2025, the tenants are happy to stay on, ensuring immediate rental income for savvy buyers. With a gross rental yield of 6.86% based on the asking price of $250,000, this property delivers impressive returns in a high-demand location.Key Features:-Top-floor position in a boutique complex of just 16 units-Ideal investment with a tenant in place offering steady returns-Opportunity to renovate or update to boost value-Low-maintenance, practical design with natural light throughout-Open plan living complemented by a tidy kitchen-Private balcony with leafy elevated views-Spacious bedroom with built-in robes and a bathroom/laundry combo-Split-system air conditioning for year-round comfort-Off-street parking for one vehicleLifestyle Highlights:-Steps from Nightcliff's stunning foreshore and amenities-Aralia Street shops conveniently located across the road-Moments to tennis courts, swimming pool, and walking tracks-Excellent dining and shopping options within easy reach-Just over 10 minutes to Darwin CBDWith its unbeatable location, immediate rental income, and potential for further value-adding renovations, this apartment ticks all the boxes for investors or future owner-occupiers.Don't miss this opportunity to secure a property offering a strong 6.86% gross rental yield and all the lifestyle benefits of Nightcliff. Contact us today to arrange your inspection!Council Rates: Approx. $1748 per annumArea Under Title: 52 sqmYear Built: 1980Zoning: MR (Medium Density)Status: Vacant PossessionRental Estimate: Approx. $320 - $360 per week.Body Corporate: Elite Strata Body Corporate Levies: Approx. $1,102.50 per quarter. Vendors Conveyancer: Voeuk Conveyancing Settlement period: 45 days or on variation on request Deposit: 10% or variation on requestEasements as per title: None found
