84 Smith Street, Darwin City, NT 0800 | Property Value & History | OnTheHouse
OFF MARKET

84 Smith Street
Darwin City NT 0800

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 932m2
Land area: 932m2
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Property Details for 84 Smith St, Darwin City

Building Type
Commercial
Floor Size
932m2
Land Size
932m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 1460/OP 001303

Last Listing description (July 2021)

The subject property sits on a prominent corner site on Smith Street and Lindsay Street, less than 250 radial metres to the Darwin GPO and less than 400 metres to the Smith Street mall.

The property is positioned directly opposite the China Town car park.


84 Smith Street is a presentable freestanding office building over two levels with a total GFA of 1,115sqm (approx.) and 13 separate offices with sizes ranging from 28sqm up to 195sqm, and an NLA of 905sqm (approx.).

The site area is 932sqm with a frontage of 39m to Smith Street and 24m to Lindsay Street. The property is zoned Central Business offering excellent future development potential.

The building was refurbished around 2016. There is an opportunity to reposition the property through further refurbishment such as new plant and equipment and altering tenancy configurations to increase efficiencies.

The building is currently 63% leased to longstanding Tenants with a current passing income of $154,145 + GST, and scope to increase the income to reflect a strong return.

For a detailed Information Memorandum please contact exclusive marketing agents Ryan Doyle 0405 192 389 or Lee Doyle 0403 348 243 at North Commercial NT.

Property History for 84 Smith St, Darwin City, NT 0800

A timeline of how this property has performed in the market
Last Sold
12 Dec 2019
Listed for Rent
$8.28k/w
21 Jul 2021
  • 29 Jul 2021
    Sold for $1,850,000
  • 12 Dec 2019
    Sold
  • 27 Nov 2019
    Listed for Sale Contact Agent
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About Darwin City 0800

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 5,310 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:

  • The median value for Houses in Darwin City is $480,185 while the median value for Units is $474,317.
  • Houses have a median rent of $650 while Units have a median rent of $630.
There are currently 58 properties listed for sale, and 63 properties listed for rent in Darwin city on OnTheHouse. According to Cotality's data, 375 properties were sold in the past 12 months in Darwin city.

Suburb Insights for Darwin City 0800

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.