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10/51 Mitchell Street

Darwin City NT 0800

1
1
1
14 m²
Apartment
Currently for sale - view listing

Overview

PURE INVESTMENT, PAYS IT OWN WAY

READY TO MAKE YOU LOTS OF MONEY NOW!!! Newly renovated building and units, open for business, available for viewing now. Fantastic bedsit in an ideal location, furniture included. In the heart of Darwin's CBD, café, restaurants, nightlife, harbour, public transport, shops, and everything else the tropics has to offer, this unit features a bedroom and en-suite. The complex is newly renovated and features a newly renovated pool & pool area, and secure parking on a first in best parking arrangement with pay parking station across the road too. Yielding returns of over $70 to $190p/n depending on the season through Air-BNB totalling around $15,000 to 20,000p/a plus. This property also lends itself to FIFO workers that can have a convenient Darwin base & make money from the property on Air-BNB while you are away, just block out the dates you need on the Air-BNB app & book out the with guests. It presents many fantastic opportunities! Cash only purchase or through use of line of credit or 100% funded from a redraw facility from another mortgage is required to fund this purchase as the unit is under 50m2 and zoned as short stay accommodation only. Body Corporate: $650 p/q (Includes power, water, insurance & maintenance) Council rates: Approx. $1,895 p/a Tenancy status: Short term stays / Vacant Call Julio Leschi for a private viewing today.

Features

1 bedroom
1 bathroom
1 carspace
14 m² floor area
Apartment

Happy sellers in Darwin City

89%
89% of sellers in Darwin City reported that their sale price either exceeded or met their price expectations.

Darwin City stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 17 reviews in Darwin City over the last 12 months.

Local market activity for 1 bedroom apartments in Darwin City

In the last 12 months, 77 one-bedroom apartments similar to 10/51 Mitchell Street, have been sold.

This represents a 25% decrease in one-bedroom apartments sales when compared to the previous 12 months.

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