SOLD
Sold on 30 Oct 2024 for $467,000

1601/31 Woods Street
Darwin City NT 0800

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 79m2
Land area: 109m2
Sold By
Knight Frank Northern Territory
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Property Details for 1601/31 Woods St, Darwin City

1601/31 Woods St, Darwin City is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 109m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Unit sold in Darwin City in the last 12 months.

Building Type
Unit
Year Built
2014
Floor Size
79m2
Land Size
109m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 9661/UTS2014/054

Last Listing description (November 2024)

Located on the 16th floor of the prestigious Soho Building in the heart of the city is a very stylish, modern apartment enjoying fabulous sea views and breezes. As it's an end corner apartment these views are from almost anywhere within including the big private balcony - what a great lifestyle, atmosphere and sheer joy! The price is right too!

With as new, beautiful presentation, this classy two-bedroom, two-bathroom apartment has stylish features throughout such as stone bench tops, chic ceramic tiling, and quality curtains.

The prestigious locale in the centre of Darwin City includes a huge tropical resort style pool, gymnasium, day spa, and caf? restaurant for alternative dining. No need to drive and your car is secure within the building.

It's also just a 3 minute walk to the huge new Charles Darwin University precinct due for completion in September 2024. With a large number of students expected from overseas the demand for accommodation nearby should be quite high.

The many features include:
- Prestigious, stylish home in the heart of City
- Ideal locale central to almost everything including employment
- Excellent investment with current lessor renown Oaks Resorts
- Ideal second home for regular visitors to Darwin
- Stroll to City Mall and fabulous foreshore precincts
- Balcony to enjoy the great views, breezes & city atmosphere
- Excellent d?cor, tall windows/breezeways, fully air-conditioned
- Huge Pool, in lovely entertainment precinct
- One-car secure parking in-building, adjoins your storeroom
- Excellent in-house restaurant/caf?
- Four elevators and 24 hour reception
- Building completed October 2014
- Walking distance to full city life - boutique shopping, wharf precinct, schools, parks and entertainment. . . . and much, much more

This is a must inspect for all buyers.

Current rental value is $680 to $700 per week
90 days' notice to terminate current lease with Oaks Resorts -

For full details of income discuss with Agent
Building is almost 9 years of age
Council rates: $1,649 p/a (approx.)
Body Corp: $6,500.29 p/a (approx.)

Property History for 1601/31 Woods St, Darwin City, NT 0800

A timeline of how this property has performed in the market
Last Sold
$467,000
30 Oct 2024
  • 30 Oct 2024
    Sold for $467,000
  • 15 Sep 2023
    Listed for Sale UNDER CONTRACT
  • 03 Nov 2014
    Sold for $595,000

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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 67 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.