1006/79 Smith St, Darwin City is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 66m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in November 2023.
Are you seeking an exquisite urban retreat in the heart of Darwin? Look no further! This stunning one-bedroom apartment is a masterpiece of modern design and comfort. Unlike anything you've seen before, this property promises a lifestyle of luxury and convenience.
Key Features:
Situated in a prime location, this unit won't last long. It offers easy access to everything the city has to offer, including supermarkets, restaurants, and public transport, all within walking distance. Plus, you're just one street away from the stunning Esplanade with uninterrupted sea views from your private balcony.
Whether you're a savvy investor or a homebuyer, this property is a fantastic opportunity to capitalise on the current market. The unit is currently tenanted at $500 per week, with an agreement in place from 10/02/2023 to 08/02/2024, ensuring a positive cash flow for investors. The estimated return on investment (ROI) for the property is approximately 7.23%. This ROI represents the annual rental income as a percentage of the property's purchase price after accounting for the management fee.
For more information on this exceptional property please contact Jacob McKenna, today. Don't miss out on this rare opportunity to own a piece of luxury in the heart of the city.
Disclaimer: Representative Images:
Please be advised that the images provided are representative and may not depict the current condition of the property. Due to the property being currently tenanted and in consideration of the tenant's privacy, we have used older photos for marketing purposes.
Text 79SMI to 0472 880 252 for more property information
Council Rates: Approx. $1650 per annum
Area Under Title: 66 sqm
Zoning: CB (Central Business)
Status: Vacant Possession
Weekly Rent: $500pw
Body Corporate: Whittles Body Corporate
Body Corporate Levies: Approx. $2009 per quarter
Settlement period: 45 Days
Deposit: 10% or variation on request
Easements as per title: None Found
The population of Darwin City in 2016 was 6464 people. By 2021 the population was 7149 showing a population growth of 10.6% in the area during that time. The predominant age group in Darwin City is 20-29 years. Households in Darwin City are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Darwin City work in a professional occupation.In 2021, 22.10% of the homes in Darwin City were owner-occupied compared with 22.80% in 2016.
Darwin City has 5,307 properties. Over the last 5 years, Houses in Darwin City have seen a -6.24% decrease in median value, while Units have seen a 38.58% increase. As at 31 December 2025:
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