SOLD
Sold on 04 Mar 2024 for $330,000

1518/43B Knuckey Street
Darwin City NT 0800

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 97m2
Land area: 105m2
Sold By
Knight Frank Northern Territory
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Property Details for 1518/43b Knuckey St, Darwin City

1518/43b Knuckey St, Darwin City is a 2 bedroom, 2 bathroom Unit and was built in 2008. The property has a land size of 105m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Darwin City in the last 12 months.

Building Type
Unit
Year Built
2008
Floor Size
97m2
Land Size
105m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 7673/U2008/020

Last Listing description (March 2024)

City Centre Lifestyle, fabulous sea and city views from two apartments for the price of one - how good is that?

Located on the 15th floor of the prestigious Mantra Pandanas are two stylish and modern fully furnished apartments under the one title enjoying city living at its best.

This classy dual key apartment provides a number of alternatives for the owner as it is designed to have two separate occupants, or one bigger family as required. Live in one and enjoy an income by renting out the other. One apartment is a one-bedroom unit and the other is a bed-sitter connected with a lockable internal door.

Both are beautifully presented and fully equipped with excellent quality fittings and furniture. The stylish kitchen includes stone bench top, stainless steel appliances and dishwasher. The bedsit has its own kitchenette. There is also a very private balcony to relax on and soak up the wonderful views and sea breezes.

The prestigious Mantra Pandanus locale includes a huge tropical resort style pool with waterfall, gymnasium, a cafe, and a restaurant for alternative dining.

Property Features Include:
- Two stylish apartments on one title in the heart of Darwin City
- Currently leased as executive holiday apartment/s with 7% Nett return*
- Flexible owner occupancy or private leasing alternatives
- Ideal as investment or second home for regular visitors to Darwin
- Ideal as first home for singles or couples
- Balcony to enjoy the great views across the harbour, sea breezes & city atmosphere
- Fully self-contained and equipped with excellent decor, stylish furniture, fittings & fully air-conditioned
- Huge Pool, waterfall, and spa in stunning entertainment precinct. Pool area is currently undergoing refurbishment
- Well-equipped gymnasium
- Excellent in-house restaurant and separate day cafe
- Short walk to full city life, near entertainment, boutique shopping, and wharf precinct - a must inspect for all buyers!

*7% nett return based on current rental income and expenses at purchase price of $365,000 not including any other purchasing costs. Return is based on last financial years' figures before tax.

Body Corporate: $3,044 p/q
Council Rates: $436 p/q (Approx)

Year Built: 2008
On Title: 92sqm

Property History for 1518/43b Knuckey St, Darwin City, NT 0800

A timeline of how this property has performed in the market
Last Sold
$330,000
04 Mar 2024
  • 04 Mar 2024
    Sold for $330,000
  • 20 Sep 2023
    Listed for Sale UNDER CONTRACT
  • 07 Feb 2022
    Sold for $320,000
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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 5,324 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 83 properties listed for sale, and 66 properties listed for rent in Darwin city on OnTheHouse. According to CoreLogic's data, 299 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.