710/79 Smith Street

Darwin City NT 0800

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, cafs, 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 66m on title Approximately 55m 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, cafs, restaurants and city amenitiesProperty Information:Current Rent: $550 per week with 7.1% yieldLease Expiry: 5 October 2026Gross Rental Yield: Approximately 9% with Rental appraisal $720Council Rates: Approximately $1,860 per annumBody Corporate / Strata: Approximately $1,667 per quarterArea Under Title: Approximately 66mInternal Area: Approximately 55mFor 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 PointsYear Built: 2013Zoning: CB (Central Business)Settlement period: 45 days or variation on request Easements: As per titleDeposit: 10% or variation on request