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.
