OFF MARKET

1301 Knuckey Street
Darwin City NT 0800

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Last updated 4 Nov 2024
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Property Details for 1301 Knuckey St, Darwin City

1301 Knuckey St, Darwin City is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2008.

Building Type
Unit
Year Built
2008
Local Government
Darwin

Last Listing description (February 2014)

TWO UNITS ROLLED INTO ONE
This level 12 property in Mantra Pandanas is split into two units.
Live in the main 1 bedroom, 1 bathroom unit and rent out the adjacent hotel room as a holiday rental to enjoy a steady income.

A perfect investment! The hotel is experiencing virtually 100% occupancy because of the present building of the Inpex liquid natural gas hub.
A stroll to the shops and local transport makes this property the ideal city base.
The outdoor pool is an ideal spot to relax in this tropical climate and the gym is ready for the fitness conscious.
This property is a must for the astute investor or for people wanting to experience the options of comfortable city living.
As an investment this property will net $1,000 a week.
Body Corporate fees are $1,728 per quarter and Darwin City Council rates are $1,250 a year.
View by appointment only.

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Property History for 1301 Knuckey St, Darwin City, NT 0800

A timeline of how this property has performed in the market
  • 29 Oct 2013
    Listed for Sale $515,000

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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 5,330 properties. Over the last 5 years, Houses in Darwin City have seen a 12.95% increase in median value, while Units have seen a 22.09% increase. As at 30 September 2024:

  • The median value for Houses in Darwin City is $543,443 while the median value for Units is $419,217.
  • Houses have a median rent of $600 while Units have a median rent of $600.
There are currently 79 properties listed for sale, and 69 properties listed for rent in Darwin city on OnTheHouse. According to CoreLogic's data, 290 properties were sold in the past 12 months in Darwin city.

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