10 Grevillea Circuit, Nightcliff NT 810

Text '10GRE' to 0472 880 252 for all property information.

Investors snap up this excellent investment with attractive and solid rental returns with this boutique apartment complex comprising of four well maintained and stylish two-bedroom apartments in the heart of Nightcliff.
This boutique complex is on 823m2 block and is zoned MR and is easement free allowing the possibility of further and future development – this is an excellent entry level investment or add to your growing portfolio.

-- Four x 2 -bedroom, one-bathroom apartments in boutique complex
-- Two upstairs apartments and Two downstairs with stairs on both sides of the building for private access
-- All four apartments feature light open-plan living/dining areas
-- Good-sized kitchens feature electric cooking and breakfast bars
-- Two large bedrooms – both with twin built-in robes – to all apartments
-- Well-presented bathrooms are all generously proportioned
-- Downstairs apartments feature covered front entry verandahs
-- Upstairs apartments with front balcony
-- Air conditioning and ample storage to all four apartments
-- Covered off-street parking available in the low-maintenance front courtyard carparking
Attractive and well maintained complex

Weekly income of : $1140
Annual income of : $59,280


Whether you’re a savvy investor wanting to add a complete residential complex to your portfolio, or an owner/occupier looking to snap up an easy manageable investment, this solid Nightcliff complex will be the right fit for you.

All apartments feature a private entrance via either a covered front verandah or external stair access to the rear balcony. Upstairs apartments also feature private front balconies, and downstairs apartments open to a common rear courtyard.

Light open-plan living/dining areas are air-conditioned and feature adjoining kitchens.

Two large bedrooms to all apartments feature wall-to-wall twin built-in robes with central vanity tables.

Every apartment also features a sizable bathroom plus separate internal laundry with a double built-in linen cupboard, and large additional built-in cupboards in the living/dining areas provide additional storage space.

Plentiful off-street parking is also available in the complex’s low-maintenance complex at front.

This is a rare opportunity to secure your own piece of stunning Nightcliff and only a moments’ walk to the beach, shops and schools.

Annual costs
Annual income of $59,280 per annum
Council Rates: Approx. $5900 per annum
Body Corporate: Self Managed
Body Corporate Maintenance: Approx. $2000 per annum
Water and Sewage: $3200 per annum
Insurance: Approx. $2400 per annum
Area Under Title: 823 sqm
Zoning: MR (Medium Density)
Status: Currently tenanted
Rental Estimate: Currently $1140 per week
Vendors Conveyancer: TBC
Settlement period: 30 days
Deposit: 10% or variation on request
Easements as per title: (none found)