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502/43 Knuckey Street, Darwin City$300,000
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For Saleapartment

502/43 Knuckey Street

Darwin City, NT 0800, Australia
$300,000
1 bed 1 bath74 m²

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About this property

Excellent investment opportunity - Leased at $520 per week to March 2027 or if you want to reside there when the lease expires, buy now whilst our median house prices are still the cheapest in Australia an enjoy a very healthy income! High on the 5th floor of the prestigious Mantra Pandanas is a stylish and modern apartment in prestigious surrounds, the property is ideal as a lovely home or an alternate locale for people who regularly visit Darwin. Centrally located in the heart of the city you have some excellent options to either continue with the current lease, owner occupy at completion of lease, Airbnb, or lease with the renowned Mantra Pandanus holiday apartments group as a serviced apartment. But frankly, $520pw is a great return at this price! The home is fully equipped with excellent quality furniture and fittings along with the fabulous sea air breezes or excellent air-conditioning throughout. The big bathroom has a large mirror, clear glass shower screens and laundry. The excellent body corporate facilities include a huge tropical resort style pool & lovely precinct, gymnasium, day café, or dine in the classy restaurant. Theres also a huge, prestigious entrance foyer and four elevators. Although there is no allocated parking, secure in-house parking is available at $34.50 per week. Due to its central city address with vast employment and amenities, many people do not require parking, hence the reduced capital outlay with this purchase. A million-dollar lifestyle for a much smaller entry price! Features include: - Executive 5th floor apartment, modern and stylish home in the heart of Darwin City - Excellent investment opportunity - Fully self-contained stylish apartment - Balcony with to enjoy the great sea-air, views and city atmosphere - Fully furnished and equipped - Fully air-conditioned - Luxurious king size bed - Excellent swimming pool precinct and gymnasium facilities - Central city location with everything at your doorstep - Prestigious lobby entrance with 24-hour reception - In-house restaurant, café, hairdresser & more - Owner occupancy, private rental, Airbnb or serviced apartment options Currently leased at $520pw to 9 March 2027 Body Corp Whittles - $1,352.35 per quarter including sinking fund (if paid on time) Council Rates - $439 per quarter

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
1
Bathrooms
1
Land Area
74 m²
Listed
2 weeks ago

Repayment calculator

$1,454/month
$727 /fortnight
Loan $240,000 at 6.10% over 30 years

Upfront costs

Deposit$60,000
Stamp duty$14,850
Conveyancing (est.)$2,000
Total upfront$76,850
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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 32% below the $440,000 median of 67 comparable apartmentswithin 5 km.

What's nearby

  • Woolworths (70) (bus)223 m away
  • The N.T. General Store94 m away
  • Raintree Park232 m away
  • Unnamed320 m away
  • Frogs Hollow Park341 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 1 bed

Compound growth +3.2% / yr over 4 yrs

$306kcurrent median

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