710/79 Smith St

Darwin City NT 0800

66 m²

Unit

Currently for sale - view listing

Overview

7TH FLOOR CITY LIVING | 7.1% INVESTMENT YIELD

For more property information including body corporate and reports text 710S to 0488 810 057 Positioned on the 7th floor in the heart of Darwin CBD, 710/79 Smith Street, Darwin City presents an attractive opportunity for investors seeking a strong rental return in a highly convenient city location. Currently furnished and leased at $550 per week until 5 October 2026, Current Rental appraisal is up to $720 per week, the property offers an approximate 9% gross rental yield, providing an immediate income stream from settlement. The well-positioned one-bedroom apartment captures impressive city, water and ocean views, while placing Darwin's restaurants, cafés, shopping, entertainment and business precinct within easy reach. Inside, the apartment offers a practical, air-conditioned layout with open-plan living flowing onto a private balcony – an ideal place to sit back and enjoy the surrounding outlook. The bedroom includes a built-in wardrobe, while secure parking, lift access and security access add to the everyday convenience. Residents also have access to the complex's in-ground swimming pool, adding further lifestyle appeal. Property Highlights: • Approx. 9% gross rental yield with Rental appraisal $720 • Currently rented at $550 per week 7.1% yield • Fixed lease until 5 October 2026 • Furnished apartment • 1 bedroom with built-in wardrobe • 1 bathroom • 1 secure car space • Positioned on the 7th floor • Approximately 66m² on title • Approximately 55m² internal living • Private balcony • City, water and ocean views • Split-system air-conditioning • Secure complex access • Lift access • In-ground complex swimming pool • Prime Darwin CBD location • Walking distance to shops, cafés, restaurants and city amenities Property Information: Current Rent: $550 per week with 7.1% yield Lease Expiry: 5 October 2026 Gross Rental Yield: Approximately 9% with Rental appraisal $720 Council Rates: Approximately $1,860 per annum Body Corporate / Strata: Approximately $1,667 per quarter Area Under Title: Approximately 66m² Internal Area: Approximately 55m² For investors looking for an established rental return, or buyers wanting to secure a well-positioned apartment for the future, 710/79 Smith Street combines income, location and lifestyle in the heart of Darwin City. The Finer Points Year Built: 2013 Zoning: CB (Central Business) Settlement period: 45 days or variation on request Easements: As per title Deposit: 10% or variation on request