Back 11/101 Mitchell St
Off Market

11/101 Mitchell St

Darwin City NT 0800

3
2
2
163 m²
Apartment
Last sold for $485,000
Daniel HarrisDaniel Harris, last sold this property on 02 July 2025 after 42 days on market.

Overview

Investors take note… currently tenanted and in a superb CBD setting!

Text 11MIT to 0480 001 403 for more information on this property Searching for a ready-to-go investment in a fantastic CBD location? Steps from the best of the city, this well-presented three-bedroom apartment creates a spacious, bright and airy base, which is currently tenanted to provide investors the potential for instant return. • Excellently located apartment in the heart of the CBD • Fully furnished • Positioned on level four to provide vibrant city views • Low maintenance living through light, spacious layout • Generous open-plan with living, dining and study nook • Kitchen boasts granite counters and modern appliances • Sweeping outlook from impressive entertainer’s balcony • Large master with walk-in robe, ensuite and balcony access • Two bedrooms with built-in robe positioned at rear • Conveniently integrated laundry within main bathroom • Secure parking for two cars, storage and great pool Creating an effortless retreat from the bustle of the city, this well-appointed apartment puts everything within easy reach, so you can leave the car at home and walk to a dazzling array of restaurants, bars and shops within the surrounding CBD and nearby Waterfront Precinct. As you might expect from an apartment such as this, everyday living is appealingly low maintenance and easy on the upkeep. With that being said, it is also impressively spacious through its carefully considered and practical layout, accentuated by effortless neutrals and plentiful natural light. Through its generous open-plan, everything feels relaxed and comfortable, as inviting zones for dining and living are complemented by a study nook at one end. Centring all this is a smartly presented kitchen, boasting gorgeous granite benches, modern stainless-steel appliances and breakfast bar dining. A major standout for entertainers, the large balcony extends seamlessly from the open-plan, providing ample space for relaxing and dining alfresco, while enjoying cooling breezes from its elevated position, framed by sweeping views out over the city. Also opening out onto the balcony is the oversized master, which creates a lovely retreat, complete with walk-in and ensuite. Convenient to the main bathroom at the rear of the apartment are the two other robed bedrooms, plus there is split-system AC throughout. Completing this very appealing package, the excellently maintained complex provides access to ground-level storage, secure parking and a sparkling inground pool. Just a short stroll from the leafy Esplanade, Bicentennial Park and the water’s edge, there is very little not to like about this gem of a property. So make sure you don’t miss out and contact us today to arrange your inspection. Council Rates: $1,715 per annum (approx.) Area Under Title: 163 square metres Zoning Information: CB (Central Business) Status: Tenanted at $700 per week, lease expiry 03/09/2025 Body Corporate: Ace Body Corporate Management Body Corporate Levies: $2,123.12 per quarter

Features

3 bedrooms
2 bathrooms
2 carspaces
2 carport spaces
163 m² lot size
Apartment

Estimated Value

Based on this property and similar 3 bedroom apartments sold in Darwin City over the last 12 months, the estimated median property value of 11/101 Mitchell St is $572k.

Median value
$572k
Estimated value range
$370k - $1.85m
Median days on market
59
Estimated value trend
8%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Darwin City. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 11/101 Mitchell St

2025
Sold
$485,000
02 Jul 2025 by Daniel Harris, of Real Estate Central
2024
Rented
Undisclosed
Leased on 02 Sep 2024 by Real Estate Central
2022
Rented
Undisclosed
Leased on 24 Feb 2022 by Ray White Darwin | Palmerston

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 3 bedroom apartments in Darwin City

In the last 12 months, 78 three-bedroom apartments similar to 11/101 Mitchell St, have been sold.

This represents a 10% decrease in three-bedroom apartments sales when compared to the previous 12 months.

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