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301/19 Kitchener Drive, Darwin City$535,000
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301/19 Kitchener Drive

Darwin City, NT 0800, Australia
$535,000
1 bed 1 bath 1 car74 m²

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About this property

The Darwin Waterfront precinct is a popular recreational and cultural precinct of Darwin, offering a mix of food, shopping and entertainment. The Waterfront precinct is also home to Darwin's World class Convention Centre, Darwin's popular Wave Lagoon, spacious shaded parklands, and green open spaces. The area is a hub for entertainment, dining, and relaxation, that hosts many annual cultural events and activities for both locals and visiting tourists. The apartment on offer has 1 bedroom, 1 bathroom and 1 car park, and is located on level 2 of Building 3. From the good-sized balcony, you can enjoy outstanding views over the lush vibrant green outdoor spaces the Darwin Waterfront precinct has to offer, with extended views of the Convention Centre, the historic 'Stokes Hill Wharf', Darwin's popular Wave Lagoon and shimmering water views of Darwin's busy harbour. Internally this property is contemporary and modern in design, the apartment includes ducted air conditioning (replaced in November 2020), tiled living areas, a bedroom with floating wooden floorboards and the bathroom includes a bathtub. The modern functional kitchen includes a gas stove top and a dishwasher and has ample storage space, and a smartly designed study nook which is a clever use of space. The Investment Opportunity Previously offered as a short-term accommodation property, which was providing an outstanding estimated gross return over 10%. You can invest with peace of mind in this premium desirable location of Darwin or upgrade your lifestyle and live here yourself! Enjoy the abundance of restaurants & cafes, shopping, food, and entertainment right on your doorstep and only a short walk into the heart of Darwin's CBD. Or perhaps you could do both! Highlighted Property Features • Premium Location at Darwin Waterfront Precinct • 1 Bedroom x 1 Bathroom x 1 Car Park plus small Storage • Contemporary modern design • Views over Darwin Waterfront Precinct, Stokes Hill Wharf & Darwin Harbour • Good sized Balcony • Ducted Air-conditioning • Tiled kitchen and living areas - Carpeted bedroom • Bathroom includes bathtub and 2-way access • Smart use of space with built in study nook in the living area • Shopping, Restaurants, Cafes, Entertainment, Darwin's Wave Lagoon • Just minutes walking distance to Darwin CBD **Furniture is for sale at $15k if wanted ** Location Points of Interest • CDU (Charles Darwin University) Darwin City Campus 130 metres (approx. 1 min) • The Mall Darwin City 700 metres (approx. 11 min) • Mindil Beach Casino 3.5km (approx. 8 min) • Cullen Bay 4.3km (approx. 10 Min) • Darwin International Airport 12.7km (approx. 18 min) • Casuarina Square Shopping Centre 13.1km (approx. 17 min) • Royal Darwin Base Hospital 159km (approx. 22 min) Other Important Information Area Under Title: 74sqm Year built: 2009 Council rates: $1,650.00 p.a. approx Body Corporate Manager: North Management Admin Fee: $1,011.66 (approx.) p.q. * Sinking Fund: $183.66 (approx.) p.q. * Insurance: $282.82 (approx.) p.q. Easements as per Title: None Found Status: Vacant Possession Preferred Deposit: 10% or variation upon request

Property Details

Property Type
apartment
Listing Type
Sold
Bedrooms
1
Bathrooms
1
Parking
1
Land Area
74 m²
Listed
3 months ago

Repayment calculator

$2,594/month
$1,297 /fortnight
Loan $428,000 at 6.10% over 30 years

Upfront costs

Deposit$107,000
Stamp duty$26,483
Conveyancing (est.)$2,000
Total upfront$135,483
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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 1-bedroom apartment in Darwin City, NT 0800 sits within reach of public transport, local shops local amenities. It is listed 7% above the $500,000 median of 69 comparable apartmentswithin 5 km.

What's nearby

  • Kitchener Drive (948) (bus)161 m away
  • Mbantua Aborignal Fine Art Gallery587 m away
  • Goyder Park273 m away
  • Unnamed275 m away
  • Unnamed301 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 price trend

Darwin City price trend

Median sold · Unit 1 bed

Compound growth +3.2% / yr over 4 yrs

$306kcurrent median

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