FOR SALE
Under Contract

1105/16 Harvey Street
Darwin City NT 0800

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Land area: 141m2
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7.24% Gross Yield - Classy Modern Living in Peaceful Location

INVESTOR ALERT - Looking for a safe set and forget Darwin Investment that has your property working for you? You may just have found it!
With a secure lease in place, this modern property is ideally suited for the investor looking for a stress free investment that will offer a healthy yield, fantastic depreciation tax benefits, strong long term growth prospects and excellent re-sale value in the future.
Situated in one of the most popular recently constructed buildings on the fringe of Darwin’s CBD.
Currently returning $680 per week with lease expiring July 2025.
A fantastic 2 bedroom, 2 bathroom, 2 car park ‘Horizons on Harvey’ luxury apartment. Situated on the 11th floor within a building which has proven very popular and is one of the most recent addition’s to Darwin's Skyline. The building is synonymous with high build quality, great communal facilities and being kept in immaculate condition.
Catering for the tropical lifestyle this stunning architecturally designed apartment offer’s the occupant bright and spacious interiors fixed with modern quality finishes and a private balcony .
Unit 1105 boasts the most in demand floorplan and position in the building on the private east corner at the rear of the building with pleasant views towards over Stuart Park/Fannie Bay, morning sun (not getting baked all afternoon) and a lovely draught regularly sweeping past the balcony naturally cooling the apartment. 1105 is located on the 11th floor 2 floors from the top.
Shared facilities located on the podium level and screened from public eyes completes this ultra convenient turn key offering and gives residents the opportunity to work-out and play-in with the inclusion of a huge pool, entertaining zone, gymnasium and recreation area.
Key Features include:
• Stunning 11th floor apartment
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Property Details for 1105/16 Harvey St, Darwin City

1105/16 Harvey St, Darwin City is a 2 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 141m2. The place is currently for sale with Real Estate Central.

Building Type
Unit
Land Size
141m2

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About Darwin City 0800

The population of Darwin City in 2011 was 4,545 people. By 2016 the population was 6,479 showing a population growth of 42.6% 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 2011, 26.6% of the homes in Darwin City were owner-occupied compared with 22.8% in 2016.

Darwin City has 5,383 properties. Over the last 5 years, Houses in Darwin City have seen a -3.25% decrease in median value, while Units have seen a 25.89% increase. As at 30 November 2024:

  • The median value for Houses in Darwin City is $457,354 while the median value for Units is $402,400.
  • Houses have a median rent of $585 while Units have a median rent of $600.
There are currently 78 properties listed for sale, and 71 properties listed for rent in Darwin city on OnTheHouse. According to CoreLogic's data, 314 properties were sold in the past 12 months in Darwin city.

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Daniel Harris
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