For Sale

228/19B Kitchener Drive, Darwin City, NT, 0800

$895,000 | SHORT STAYS INVESTMENT

2
2
2
114 m²

Unit

30+ days on the market

What's around 228/19B Kitchener Drive

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

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