14 Francis Street, Millner, NT 0810 sold on 20 August 2025 | OnTheHouse
 
SOLD
Sold on 20 Aug 2025 for $1,200,000

14 Francis Street
Millner NT 0810

Bedrooms: 10
Bathrooms: 5
Car spaces: 5
Land area: 954m2
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Territory Real Estate
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Property Details for 14 Francis St, Millner

14 Francis St, Millner is a 10 bedroom, 5 bathroom Unit with 5 parking spaces. The property has a land size of 954m2. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 10 bedroom Unit sold in Millner in the last 12 months.

Building Type
Unit
Land Size
954m2
Local Government
Darwin
Lot/Plan
Loc 550 Lot 1131/A 000303

Last Listing description (August 2025)

Territory Real Estate is proud to present this exciting offer.

An exceptional investment opportunity in Darwins northern suburbsthis block of five fully tenanted units offers strong and consistent rental returns with future growth potential.

Purchased in 2014 for $1,150,000, the current owner has added value with a 5-bay carport (constructed in 2015), enhancing tenant amenity and allowing for rental increases. The property currently generates $116,000 gross income per annum, with approximate outgoings of $18,000 per annum.

Key Features:
Five units on one title

Total land area: 954m

Zoned LR (Low Density Residential)

Unimproved Capital Value: ~$500,000

Pre-Cyclone construction durable and solid

Development Consent Authority (DCA) approval for Strata Subdivision valid until 24 November 2026

Excellent occupancy and tenant history

Off-street parking for all tenants

The original dwelling was converted into a flat, adding to the layout versatility, and the entire complex remains well maintained. The subdivision into Strata title of this 5 unit complex has already been approved by the Development Consent Authority for two years, until 24 Nov 2026, With approved strata titling, investors also have the option to strata and sell down individually in the future.

Located in a high-demand suburb close to schools, shops, and Casuarina, this is a low-maintenance, high-yield asset in a prime Darwin location.

For more information or to arrange a private viewing, contact Stuart Rodda at Territory Real Estate today on 0424 780 982
The owner is open to all Offers Over $1,200,000 act fast, opportunities like this dont last long.

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Property History for 14 Francis St, Millner, NT 0810

A timeline of how this property has performed in the market
Last Sold
$1,200,000
20 Aug 2025
Listed for Rent
$380/w
09 Nov 2023
  • 20 Aug 2025
    Sold for $1,200,000
  • 16 Jun 2025
    Listed for Sale Offers Over $1,200,000 Considered
  • 09 Nov 2023
    Listed for Rent $380 / week
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About Millner 0810

The size of Millner is approximately 1.5 square kilometres. It has 7 parks covering nearly 16.6% of total area. The population of Millner in 2016 was 2548 people. By 2021 the population was 2576 showing a population growth of 1.1% in the area during that time. The predominant age group in Millner is 30-39 years. Households in Millner are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Millner work in a professional occupation.In 2021, 48.90% of the homes in Millner were owner-occupied compared with 50.10% in 2016.

Millner has 1,205 properties. Over the last 5 years, Houses in Millner have seen a 48.39% increase in median value, while Units have seen a 47.88% increase. As at 30 November 2025:

  • The median value for Houses in Millner is $622,093 while the median value for Units is $376,382.
  • Houses have a median rent of $590 while Units have a median rent of $500.
There are currently 4 properties listed for sale, and 6 properties listed for rent in Millner on OnTheHouse. According to Cotality's data, 91 properties were sold in the past 12 months in Millner.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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