228/19B Kitchener Drive

Darwin City NT 0800

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 Darwins 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 entertainers 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 Darwins most desirable waterfront address. Whether youre 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