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.
Inspections
No open inspections scheduled.
Send an enquiry
Contact Rick Trippe to learn more about this property, request an inspection or take an online tour.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.