FOR SALE
Price Guide $445,000

304/44 Woods Street
Darwin City NT 0800

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 114m2
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7.5% Gross Yield - Set and forget investment in prime location

Text 304WOO to 0480 001 403 for more property information
High cashflow investment leased until December 2026 to long standing and highly regarded operator for $640 a week.
A smart high yielding investment with capital growth upside as Darwin enters its upswing and growth phase within the property cycle over the next few years.
Ideal for SMSF investors or those looking for a property that puts money in your pocket from day 1.
Magnum on Woods Street is one of the most recent additions to Darwin’s skyline offering cosmopolitan living with a new-age design with an impressive façade, this premier address is located in the heart of city.
304 maintains a tranquil aspect with resort vibes. The property features secure fob entry at street level with a large door opening wide to the walkway to the elevators where again you’ll need your fob key to gain entry to the apartment (extra secure)
Inside is painted with a modern crisp white colour palette throughout with polished concrete flooring and matt black painted ceilings. There is a wall of built-in storage space which is a huge functional bonus, the kitchen has stone counters with breakfast bar seating along with overhead storage space and plenty of prep areas as well. Open plan living and dining areas flow through to the balcony with a twin set of huge glass sliding doors at the far end inviting you out into the cool sea breezes.
The master bedroom suite includes a walk in robe along with a large glass sliding door through to the balcony. Bedroom 2 are located for total privacy and also include a built in robe and air-conditioning. The laundry is internal plus an extra storage to the storage room located on the ground floor.
The balcony is enormous allowing you to embracing the Territory lifestyle of the outdoors, this outdoor living room is huge and enjoys sunset views every night.
The communal top level offers a unique roof top garden and pool area to take in the sunsets and sunrises.
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Property Details for 304/44 Woods St, Darwin City

304/44 Woods St, Darwin City is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a floor size of 114m2. The place is currently for sale with Real Estate Central.

Building Type
Apartment
Floor Size
114m2

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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 5,385 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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