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Sold on 29 Jul 2024 for $420,000

8/24 Harry Chan Avenue
Darwin City NT 0800

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Land area: 154m2
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Property Details for 8/24 Harry Chan Ave, Darwin City

8/24 Harry Chan Ave, Darwin City is a 2 bedroom, 2 bathroom Apartment with 2 parking spaces. The property has a land size of 154m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Apartment sold in Darwin City in the last 12 months.

Building Type
Apartment
Land Size
154m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 6849/U1999/069

Last Listing description (July 2024)

Text 8HAR to 0480 001 403 for more property information

Great value for money apartment embracing quiet city living. This very generous two bedroom apartment offers spectacular unobstructed views over the Harbour, as well as the convenience of walking to everything the city has to offer.

If you are looking for a best of both worlds inner city lifestyle that offers a peaceful complex away from the hustle and bustle yet a short walk to all the action then here it is…

It also acts offers a high cashflow investment opportunity currently leased at $595 per week. A really smart time in the Darwin property cycle to purchase an inner city apartment.

Darwin is currently the cheapest capital city in Australia by a significant margin to buy and the 2nd most expensive to rent making it a ‘no brainer’ for investors.

The design of the apartment is clever in many ways. On entering the home guests will turn right and will be introduced to the open plan living area via a hallway, but for everyday living you have quick access to the kitchen via a privacy door – perfect for grocery shopping/deliveries. It’s a small detail but one you will appreciate every day. The open plan living area is overlooked by the avant-garde kitchen with its beech cabinetry and curved black benchtops and raised bar. Imagine friends mingling with the chef at the bar before spilling out on to the large balcony to enjoy the magnificent views with a pre-dinner drink. An abundance of windows in the living room also capture the views and allow the sea breezes to flow throughout the entire apartment.

The sleeping zone is well separated from the living area assuring privacy and restful sleep. Both bedrooms are generous in size, have mirror fronted built in robes and the master also boasts an ensuite. The main bathroom, with full bath and separate shower, is easily accessed from the second bedroom and a powder room is perfect for guests.

What we love about this opportunity:
•     Quiet city living in premier lifestyle location – Waterfront end of town
•     Very spacious two bedroom, two bathroom apartment in great condition
•     Open Plan Living with Good Division of Spaces - Balcony with Harbour Views
•     Large Modern Kitchen – Oodles of Bench Space & Storage – Dishwasher Drawer
•      Generous Bedrooms – Mirror Fronted Built in Robes – Ensuite to Master
•     Great Main Bathroom – Separate Bath & Shower
•     Powder Room, Laundry & Linen Space
•     Fantastic Swimming Pool in Complex
•     Two Secure Parking Spaces with Roller Doors
•     Unbeatable Location with Sensational Views!

Don’t hesitate to make the call to see this one today as it will not last long. Harry Chan Avenue is a sought after quiet neighbourhood and is known for its oversized apartments.

Council Rates: Approx. $1,670 per annum
Area Under Title: 154 Sqm
Year Built: 1999
Zoning: CB (Central Business)
Status: Tenanted, leased at $595 per week until 19/09/2024
Body Corporate: Ace Management
Body Corporate Levies: $1,351 per quarter (approx.)
Vendors Conveyancer: Tschirpig Conveyancing

Property History for 8/24 Harry Chan Ave, Darwin City, NT 0800

A timeline of how this property has performed in the market
Last Sold
$420,000
29 Jul 2024
Listed for Rent
$590/w
11 Sep 2023
  • 29 Jul 2024
    Sold for $420,000
  • 28 Jun 2024
    Listed for Sale SOLD
  • 25 Aug 2023
    Listed for Rent $590 / week
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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 5,358 properties. Over the last 5 years, Houses in Darwin City have seen a 11.94% increase in median value, while Units have seen a 29.20% increase. As at 31 July 2024:

  • The median value for Houses in Darwin City is $537,330 while the median value for Units is $429,077.
  • Houses have a median rent of $600 while Units have a median rent of $585.
There are currently 84 properties listed for sale, and 50 properties listed for rent in Darwin city on OnTheHouse. According to CoreLogic's data, 294 properties were sold in the past 12 months in Darwin city.

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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.