502/16 Harvey St, Darwin City is a 2 bedroom, 2 bathroom Apartment with 2 parking spaces. The property has a land size of 135m2. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 2 bedroom Apartment sold in Darwin City in the last 12 months.
Perfectly positioned in a secure, modern complex in the heart of Darwin's CBD, this 2-bedroom, 2-bathroom apartment offers an exceptional investment opportunity with strong returns and minimal upkeep.
Currently leased at $700/week until 24 October 2026, it delivers an impressive approx. 7.74% gross rental yield.
With spacious open-plan living, a private balcony showcasing stunning city views, and a sleek modern kitchen, this apartment is highly appealing to tenants and future owner-occupiers alike. Resort-style facilities include a swimming pool, gym, BBQ area, kids' play space, secure parking, and a lock-up storage room.
Listed at $470,000, this is also a fantastic opportunity for first-home buyers-secure the property now, enjoy guaranteed rental income, and move in once the lease concludes.
🔑 Key Features
Leased at $700/week until 24 Oct 2026
Approx. 7.74% gross rental yield
2 bedrooms with built-in robes; master with ensuite
Spacious open-plan living flowing to a private balcony
Modern kitchen
Internal laundry
Split-system air conditioning
Secure basement car park + lock-up storage
Resort-style pool, gym, BBQ area & kids' play space
📍 Prime CBD Location
Walk to offices, cafés, and shops
Close to Botanic Gardens & parks
Near Mitchell Street dining & nightlife
Minutes from the waterfront
E-Bike station nearby
🧾 Property Details
Area Under Title: 135 sqm
Body Corporate: Approx. $1482/qtr
Sinking Fund: Approx. $119/qtr
Council Rates: Approx. $510/qtr
Deposit: 10% (flexible)
Settlement: 30 Days
📞 Contact Shyam Thapa on 0414 287 500 to arrange your private inspection.
All information has been sourced from reliable providers. Interested parties are advised to carry out their own inquiries.
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 5,311 properties. Over the last 5 years, Houses in Darwin City have seen a -5.92% decrease in median value, while Units have seen a 37.62% increase. As at 28 February 2026:
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