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
