OFF MARKET

10/5 Cardona Court
Darwin City NT 0800

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 95m2
Land area: 176m2
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Property Details for 10/5 Cardona Ct, Darwin City

10/5 Cardona Ct, Darwin City is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1997. The property has a land size of 176m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
Unit
Year Built
1997
Floor Size
95m2
Land Size
176m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 7423/U2006/045

Last Listing description (September 2021)

Text '10CAR' to 0488 810 057 for all property information.

Located in the heart of Darwin's thriving CBD is this trendy two bedroom apartment on the 2nd floor of a modern complex! Drop the daily commute in favour of more free time to spend exploring the nearby Water Front Precinct or The Esplanade, dining, coffee dates and so much more!

The complex includes a large swimming pool along with a generous gym filled with workout equipment! Large outdoor communal spaces including a BBQ pavilion, secure entry, intercom and so much more.

Within the abode is a sweeping open plan living and dining area with tiled flooring and sliding doors at the far end that lead through to the balcony beyond. The kitchen offers a stone topped servery bar and breakfast bar seating along with overhead storage and a walk in pantry as well!

Two bedrooms reside completely separately giving them both total privacy. Each includes a built in robe and has a sliding door through to a balcony as well; the master also includes an ensuite bathroom. The main bathroom offers a relaxing corner bath and vanity with storage, there is an internal laundry room as well as a hallway linen press for extra storage space. This property boasts function and style in a combo that will suit the executive couple and appeal to the investors.

Absolute clue-chip investment opportunity with long term lease in place until end of March 2022 achieving returns of $440 per week, well above market value.

Brochure Points:
Secure 2nd floor apartment within a modern abode in the heart of the CBD
Swimming pool, common areas, gym, BBQ pavilion, intercom and more!
Elevator access via a secure foyer entry
Sweeping open plan living and dining areas with tiled flooring throughout
2 large bedrooms both with balcony access and a built in robe
Master bedroom enhanced with an ensuite bathroom
Internal laundry room, hallway linen press for extra storage
Main bathroom includes a corner bath and vanity with built in storage space
Kitchen has stone topped counters, breakfast bar, overhead storage and walk in pantry
Sliding doors from the living room lead through to the balcony
Balcony is front facing with streetscape views
Walk to the CBD in only a few moments
Onsite building manager so the complex is well maintained

Around the Suburb:
Innercity setting only moments from the CBD
Ride your bike to takeaway and dining options or order in
Spend your free time at the Duck Ponds or Water Front Prescient
2 minutes from the CBD drop the daily commute in favour of more free time

Council Rates: Approx $1,500 per annum
Area Under Title: 176 SQM
Zoning:CB (Central Business)
Status: Leased until 21/03/2022 for $440 pw
Body Corporate: Altitude Management
Body Corporate Levies: Approx. $1,500 per qtr
Settlement period: 45 Days
Deposit: 10% or variation on request
Easements as per title: (none found)

Property History for 10/5 Cardona Ct, Darwin City, NT 0800

A timeline of how this property has performed in the market
Last Sold
$341,000
22 Sep 2021
Listed for Rent
$440/w
22 Mar 2021
  • 22 Sep 2021
    Sold for $341,000
  • 14 Jul 2021
    Listed for Sale UNDER CONTRACT
  • 05 Feb 2020
    Listed for Rent - Price not available
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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 5,329 properties. Over the last 5 years, Houses in Darwin City have seen a -4.37% decrease in median value, while Units have seen a 27.89% increase. As at 31 October 2024:

  • The median value for Houses in Darwin City is $484,197 while the median value for Units is $410,767.
  • Houses have a median rent of $590 while Units have a median rent of $600.
There are currently 82 properties listed for sale, and 66 properties listed for rent in Darwin city on OnTheHouse. According to CoreLogic's data, 298 properties were sold in the past 12 months in Darwin city.

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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.