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Sold on 12 Jun 2024 for $269,000

1412/43-45 Knuckey Street
Darwin City NT 0800

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Knight Frank Northern Territory
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Property Details for 1412/43-45 Knuckey St, Darwin City

1412/43-45 Knuckey St, Darwin City is a 1 bedroom, 1 bathroom Unit. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 1 bedroom Unit sold in Darwin City in the last 12 months.

Building Type
Unit
Local Government
Darwin

Last Listing description (June 2024)

High on the 14th floor of the prestigious Mantra Pandanas is a stylish and modern apartment. Its end corner location enjoys great sea views from all internal areas including the luxurious king size bed and the very private balcony.

Centrally located in the city, there are excellent options to either owner occupy, manage as an Airbnb, fixed term lease or leave as a serviced apartment with the renowned Mantra Hotels Group.
As an excellent investment opportunity, it's located just 3 minutes' walk to the new Charles Darwin University due to open this September when a huge demand on nearby student accommodation such as this apartment is expected.

Excellent services and facilities are available including a huge tropical resort style pool with waterfall, gymnasium, dine in the classy restaurant or just enjoy the room service.

Up to $550 per week rental has recently been achieved for fixed term leases - a great rental return for such a small investment!

Features include:
- Executive 14th floor apartment, modern and stylish home in the heart of Darwin City
- Great sea views of Darwin Harbour
- Fully self-contained with stylish furniture, fittings and fully air-conditioned
- Excellent swimming pool and gymnasium facilities
- Balcony to enjoy the great sea breezes, views and city atmosphere
- Central city location everything at your doorstep
- Prestigious lobby entrance with 24-hour reception
- In-house restaurant, caf?, hairdresser & more
- Excellent privacy & security
- Owner occupancy, private rental or serviced apartment options
- Currently leased to Mantra as an executive holiday apartment with flexible owner occupancy or private leasing alternatives

68m? Apartment

Body Corp Whittles - $7392 per annum including Sinking Fund
City Council Rates - $1660 per annum
Up to $550 per week rental has recently been achieved for fixed term leases

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Property History for 1412/43-45 Knuckey St, Darwin City, NT 0800

A timeline of how this property has performed in the market
Last Sold
$269,000
12 Jun 2024
  • 12 Jun 2024
    Sold for $269,000
  • 28 Mar 2024
    Listed for Sale Not Disclosed

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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 5,327 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 78 properties listed for sale, and 70 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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