FOR SALE
$349,000

818/43B Knuckey Street
Darwin City NT 0800

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 105m2
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Two for one special! Investors take note.

Located in the Mantra Pandanas complex which is a beautiful hotel and residential complex, this is a twin key property that includes a 1 bedroom unit and a separate studio each with their own secure access. This building is in the heart of the city and is only foot steps away from quality shopping, stylish caf�'s and restaurants. The Mantra building includes an air-conditioned reception area and a number of caf�'s, hair salons and other small businesses and occupants of the building have access to the hotel pool and gym.
From an investment point of view this property is a no-brainer. The Charles Darwin University City campus is now complete with students expecting to start studying early in 2025. There is a chronic shortage of accommodation suitable for students and this property is perfect for them. Less than 100m to the campus for school, walking distance for grocery shopping and plenty of small businesses nearby that may look at students as part time employees. This property accommodates two separate tenants and that will double your cash flow, with only one set of outgoings.
Complex features include:
* Resort swimming pool
* Air-conditioned gym
* Secure access to each floor
* Air-Conditioned lobby and reception area
* Shops and dining on the ground floor
* Car parks available for lease
From a live-in point of view, you may choose to live in one and rent out the other or buy it with a friend and occupy them both. The property is currently vacant and you can move straight in, or look at a traditional lease which we can help you with. Make contact for you viewing on this unique opportunity.
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Property Details for 818/43b Knuckey St, Darwin City

818/43b Knuckey St, Darwin City is a 2 bedroom, 2 bathroom Unit. The property has a floor size of 105m2. The place is currently for sale with LJ Hooker Darwin.

Building Type
Unit
Floor Size
105m2

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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 68 properties listed for rent in Darwin city on OnTheHouse. According to CoreLogic's data, 320 properties were sold in the past 12 months in Darwin city.

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Jennifer Wardell
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Robert Higgins
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LJ Hooker Darwin
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