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228/19B Kitchener Drive

Darwin City NT 0800

2
2
2
114 m²
Unit
Currently for sale - view listing

Overview

11%+ Gross Yield | $102,023+ Annual Income | Fully Furnished

For more property information including body corporate and reports text 228K to 0488 810 057 Welcome to Apartment 228 — a refined two-bedroom, two-bathroom waterfront residence that blends strong investment performance with an upgraded, contemporary interior. Enjoy elevated harbour views, generous living spaces, and a floor plan designed for flexibility and comfort. Short stays income of over $102,000 in the past year, this property sits among the most consistently profitable short-stay options in the Darwin Waterfront precinct. Thoughtfully enhanced with quality finishes and a reconfigured layout, this home offers a superb lifestyle retreat or a ready-made, high-yielding investment in one of Darwin’s most coveted destinations. Property Highlights • Generous two-bedroom apartment with high-end finishes and stunning pool + sunset vistas • Newly renovated kitchen with stone benchtops, SMEG appliances, and plumbed fridge space • Bright open-plan living and dining flowing to a sheltered entertainer’s balcony • Ducted Mitsubishi Heavy Industry air-conditioning and window tinting throughout for year-round climate comfort • Spacious master bedroom with double robes and private ensuite • Second bedroom adjacent to the main bathroom – with bath, shower, vanity and toilet • Clever study nook, internal laundry, and secure two-car parking • Intercom access, lift, and security fob entry for peace of mind • Pet-friendly residence with well-maintained common grounds and guest parking • Presented in exceptional condition with no further spend required Investment Snapshot • Proven performer with over 10 years of successful short-stay history • Gross annual income: $102,023+ (past 12 months) • Gross yield: over 11% – a standout in the premium market • Sold fully furnished (approx. $20,000 value) • Optional vehicle available for purchase (+ $10,000) • Professionally managed short-stay property (15% fee) — effortless, hands-off investing • Turnkey opportunity – continue as a short-stay rental or move straight in Waterfront Location Benefits • Set within the Darwin Waterfront Precinct – renowned for lifestyle, dining, and attractions • Quietly positioned with no commercial spaces or restaurants below • Dog-friendly walking tracks at your doorstep • Just a short stroll to the Wave Lagoon, Darwin Wharf, and water park • Close to CBD, Mindil Beach, Smith Street Mall, and Botanic Gardens Key Facts • Bedrooms: 2 | Bathrooms: 2 | Car spaces: 2 • Income: $102,023 gross (previous 12 months) • Yield: over 11% gross • Secure, air-conditioned, and completely move-in ready • Perfect for a high-performing Airbnb or executive-leasing model An exceptional opportunity to secure a strong-earning property in Darwin’s most desirable waterfront address. Whether you’re seeking reliable returns or a stylish retreat with income on the side, Apartment 228 delivers premium living and impressive performance. 📞 Enquire now – quality investments like this are tightly held and rarely available. The Finer Points • Council Rates: Approx. $1,758 per annum • Area Under Title: 114 metres squared • Year Built: 2009 • Zoning: CB (Central Business) • Pool Status: In Complex • Status: Vacant Possession • Body Corporate: North Property Management • Body Corporate Levies: Approx. $2,393 per quarter • Body Corporate Special Levy: $1,173 (Q3 & 4 Only) • Vendors Conveyancer: Cozens Johansen Lawyers • Settlement period: 45 days or variation on request • Easements: As per title • Deposit: 10% or variation on request

Features

2 bedrooms
2 bathrooms
2 carspaces
2 carport spaces
114 m² lot size
Unit

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 2 bedroom units in Darwin City

In the last 12 months, 55 two-bedroom units similar to 228/19B Kitchener Drive, have been sold.

This represents a 6% decrease in two-bedroom units sales when compared to the previous 12 months.

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