Investment Opportunity in a Prime Location

Available now for investors looking to secure four, 2-bedroom 1-bathroom units under one title with no body corporate fees.

The 797m2 MD block is just 2 minutes’ walk from Nightcliff’s peninsular walking track. Surrounded by sea this particular part of Nightcliff is one of the most pleasant places to live in Darwin, if there is going to be a sea breeze on a hot sticky day you will probably find it around here.

This solid building was constructed pre-cyclone has an original concrete roof and a Newer additional steel frame with colour bond roof to keep it cool.

It has very generously sized rooms and a surprisingly open planned layout for its time, each 2-bedroom apartment boasts and approximate 100 m2 under roof area.

The ground floor has Two, 2-bedroom 1-bathroom units with identically mirrored layouts, a store room with ablution facilities and a separate laundry.

The first floor has Two, 2-bedroom 1-bathroom units with identically mirrored layouts and large private front and rear verandas.

This property also has a shed with ablution facilitates with a separate power meter.

Move in or rent out as is for instant cash flow.

Strip it back to its solid bones and cover it with modern materials, whatever your desires you can’t go wrong with an opportunity like this.

Annual Approx. Rental income: $ 66,560.00
Area under title: 797m2
Year Built: 1973
Easements: Sewerage Easements for Power and Water Authority
Planning Scheme Zone: MD (Multiple Dwelling)
Council Rates: $5,560 Per Annum Approx.
Vendors Conveyancing Agent: Sandra Lenz Darwin Conveyancing

 

8 5 8
Suburb Nightcliff
Address 66 Kurrajong Crescent
State NT
Price $1,150,000
Property Type residential
Property ID 59
Category Block Of Units
Land Area 797 m2

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Nikki Vazanellis

0450 473 710
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