117/15 Musgrave Crescent, Coconut Grove, NT 0810

Creating a wonderful opportunity for investors, this stylish two-bedroom apartment is ideally located moments from Nightcliff foreshore and only 10 minutes from the city. Leased by the Department of Housing, it has a tenant in place until 2026, with the right to an extension until 2031.

• Outstanding opportunity for investors looking to add to their portfolio
• Smart first-floor apartment within contemporary complex built in 2015
• Neutral tones, glossy tiled floors and beautifully appointed throughout
• Inviting open-plan extends effortlessly to private balcony with leafy outlook
• Elegant kitchen boasts stone benches, plentiful storage and modern appliances
• Larger master offers mirrored built-in robe and jack-and-jill access to main bathroom
• Second bedroom also with built-in robe and access to it's own ensuite
• Sophisticated design through both bathrooms, each with walk-in shower
• Split-system AC and tiled floors enhance everyday comfort
• Complex provides access to secure parking, storage and 25m pool

Whether you're a first-time investor or you're looking for a new property to add to your existing portfolio, this gorgeously presented apartment delivers modern, effortless appeal in a highly desirable location.

Positioned on the first floor, the apartment reveals a practical layout where everything feels open, airy and wonderfully easy to maintain. Neutral tones grace the walls, while glossy white tiles keep things cool underfoot, as large windows ensure there is plenty of natural light. At the heart of it all is a lovely open-plan, which extends seamlessly to a private balcony. Enjoying treetop views, this alfresco space is ideal for entertaining, or simply kicking back and enjoying some time out after a long day.

Attractively appointed, the polished kitchen shows off sleek stone counters and quality cabinetry, complemented by modern stainless-steel appliances and informal breakfast bar dining.

Both bedrooms feel generous in size and offer mirrored built-in robes. The second bedroom at the front has its own ensuite, while the larger master at the rear provides jack-and-jill access to the main bathroom. Conveniently placed in the hallway is the internal laundry.

Completing the package is split-system AC in every room, access to a large inground pool and secure parking for two cars accessed via a remote gate.

Also convenient in its setting, it's a short walk to Nightcliff shopping centre, and not much further to the foreshore, where you can follow the trails along the water all the way to Nightcliff Jetty and the suburb's many other popular attractions.

Status: Leased to the Department of Housing at until February 2026 at $2,383.33 per calendar month with the right to renewal until 2031
Year built: 2015 approximately
Area under Title: 100 sqm approximately
Zoning: MR (Medium Density)
City of Darwin Council Rates: $1,430 per annum approximately 
Body Corporate Rates: $1,390 per quarter approximately