Positioned in the heart of Darwin CBD, this studio-style apartment delivers an exceptional combination of location, lifestyle and investment potential.
Overlooking Austin Lane and just moments from Smith Street Mall, this low-maintenance residence puts shopping, dining, entertainment and everyday conveniences right at your doorstep.
Inside, the practically designed layout features an easy-access kitchenette, a private master bedroom with built-in robes, a corner shower bath, dedicated laundry cupboard and your own private balcony showcasing harbour-facing views. It really is a perfect spot to unwind after a busy day.
A secure rooftop car park adds valuable convenience and completes this appealing CBD package.
For investors, the property presents strong rental appeal, with gross rental returns of over 8% and a current lease extending to 11 March 2027. For owner-occupiers, it offers an enviable city lifestyle with everything within easy reach.
Property Highlights
- Prime Darwin CBD location
- Harbour-facing private balcony
- Easy-access kitchenette
- Spacious master bedroom with built-in robes
- Corner bath and laundry cupboard
- Split system air-conditioning
- Secure rooftop car parking
- 52m2 under title
- Conveniently positioned between the Cavenagh retail precinct and Smith Street Mall
Investment Information
- Current lease expiry: 11 March 2027
- Current Rent: $370pw
- Gross rental return of over 8% gross
- Body Corporate: $1,393.76 per quarter
- Council Rates: approx. $439 per quarter
- Updated Rental Appraisal available on request
Whether you are looking to expand your investment portfolio or secure your own convenient CBD base, this is a fantastic opportunity to own a low-maintenance property in one of Darwin's most convenient locations.
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52 ㎡
Air Conditioning
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