OFF MARKET

1105/16 Harvey Street
Darwin NT 0800

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Land area: 141m2
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Property Details for 1105/16 Harvey St, Darwin

1105/16 Harvey St, Darwin is a 2 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 141m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
Unit
Land Size
141m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 10374/UTS2015/055

Last Listing description (September 2024)

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 Darwins 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 additions 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 offers 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
Constructed by award winning GT Builders in 2016
Most popular floorplan on most popular corner within very popular building
High end finishes everywhere you look
Stone bench tops and porcelain floor tiles throughout
High quality Ariston & Euromaid appliances
Expansive outdoor balcony for year round alfresco living
Communal podium terrace with built-in BBQ and recreational pool & gymnasium
Short walk to a vibrant dining and shopping precinct
Each unit comes with its own lock up basement storage along with 2 carparks

Ideal for young executives, young families and investors in this emerging CBD fringe location which enjoys all the conveniences of the CBD without the noise and traffic.

Horizons on Harvey is in a low risk price bracket representing one of the safest, smartest & stress free options currently available for those looking to purchase a modern unit in and around Darwin's CBD

Investors: A really smart time in the property cycle to purchase an inner city apartment with Darwin units amongst the cheapest in the country being sold well below replacement cost and due for some capital growth in the not too distant future. Darwin investors enjoy the best yields on offer of any capital city in Australia by a significant margin.

This unit is as new as they come in Darwin with premier finishes throughout and great depreciation benefits.
If youre looking for a stress free super modern unit offering great value that puts $ in your pocket from day 1 then youll be hard pressed to find better than this

Council Rates: $2,000 per annum (approx.)
Area Under Title: 141 square metres
Zoning Information: CB (Central Business)
Status: Currently leased at $680.00 per week until July 25th 2025
Body Corporate: Whittles Body Corporate
Body Corporate Levies: $1,637 per quarter (on site caretaker included)

Property History for 1105/16 Harvey St, Darwin, NT 0800

A timeline of how this property has performed in the market
Last Sold
$440,000
26 Feb 2021
Listed for Rent
$680/w
20 Jul 2023
  • 05 Jul 2024
    Listed for Rent $680 / week
  • 25 Jun 2024
    Listed for Sale Price Guide $490,000
  • 05 Jul 2023
    Listed for Rent $680 / week
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About Darwin 0800

The size of Darwin is approximately 2.6 square kilometres. It has 15 parks covering nearly 12.9% of total area. The population of Darwin 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 is 20-29 years. Households in Darwin are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Darwin work in a professional occupation. In 2011, 26.6% of the homes in Darwin were owner-occupied compared with 22.8% in 2016..

Darwin has 696 properties. Over the last 5 years, Houses in Darwin have seen a 18.87% increase in median value, while Units have seen a 14.48% increase. As at 31 July 2024:

  • The median value for Houses in Darwin is $793,127 while the median value for Units is $338,637.
  • Units have a median rent of $645.
There are currently 7 properties listed for sale, and 4 properties listed for rent in Darwin on OnTheHouse. According to CoreLogic's data, 133 properties were sold in the past 12 months in Darwin.

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Disclaimer
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.