32 Sergison Circuit, Rapid Creek NT 810

Brilliantly located just one street back from the beach, this ground level triplex has been offered to the market for the first time in many years.

It is situated on a generously proportioned 1020 square metre allotment zoned (MR) and is suitable for a future medium density development.

Currently three, two bedroom units are situated on the site and are all rented with an approximate annual income of over $40,000.

It represents a fabulous opportunity for an investor to purchase and hold on to the site or perhaps a developer wishing to potentially build a boutique unit complex subject to town planning approval.

There are currently two driveways on this magnificent corner allotment which would be of benefit for any future development, subject to town planning approval.

The location speaks for itself with only a short stroll to the spectacular Nightcliff and Rapid Creek foreshore and the wonderful lifestyle on offer.

The sheer convenience of the hospital and university being a short drive away and the benefits of having some of the best schools nearby ensure that this area is always highly sought after.

With so many lifestyle opportunities at your door, you will be spoilt for choice! Take an evening stroll along the walking paths and savour the stunning sunsets over the water, bike ride over the Rapid Creek Bridge to the pristine Casuarina Coastal Reserve, or take a dip at the Nightcliff Aquatic Centre followed by a scrumptious lunch at either the Foreshore Cafe or Beachfront Hotel.

This is undoubtedly a once in a lifetime opportunity to purchase a complex of three units in a tightly held, blue chip area and would make both a short term and long-term investment.