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228/19B Kitchener Drive, Darwin CityUnder Contract
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228/19B Kitchener Drive

Darwin City, NT 0800, Australia
Under Contract
2 bed 2 bath 2 car114 m²

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About this property

For more property information including body corporate and reports text 228K to 0488 810 057 Welcome to Apartment 228 a refined two-bedroom, two-bathroom waterfront residence that blends strong investment performance with an upgraded, contemporary interior. Enjoy elevated harbour views, generous living spaces, and a floor plan designed for flexibility and comfort. Short stays income of over $102,000 in the past year, this property sits among the most consistently profitable short-stay options in the Darwin Waterfront precinct. 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 Darwin's 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 entertainer's 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 Darwin's most desirable waterfront address. Whether you're 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. $2,600 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

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
2
Parking
2
Land Area
114 m²
Listed
3 months ago

Repayment calculator

$2,424/month
$1,212 /fortnight
Loan $400,000 at 6.10% over 30 years

Price estimated from comparable nearby — edit below to use your own number

Upfront costs

Deposit$100,000
Stamp duty$24,750
Conveyancing (est.)$2,000
Total upfront$126,750
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Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Darwin City

This 2-bedroom apartment in Darwin City, NT 0800 sits within reach of public transport, local shops local amenities.

What's nearby

  • Kitchener Drive (948) (bus)140 m away
  • Mbantua Aborignal Fine Art Gallery565 m away
  • Unnamed255 m away
  • Goyder Park267 m away
  • Unnamed280 m away

Darwin City at a glance

Full suburb profile
Population
7,149
Median age
33
Household income
$2,151/wk
Median rent
$450/wk
Median mortgage
$1,781/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Darwin City price trend

Median sold · Unit 2 bed

Compound growth +3.6% / yr over 4 yrs

$460kcurrent median

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