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Sold on 22 Oct 2024 for $470,000

39/108 Mitchell St
Darwin City NT 0800

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 153m2
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Property Details for 39/108 Mitchell St, Darwin City

39/108 Mitchell St, Darwin City is a 2 bedroom, 2 bathroom Apartment with 2 parking spaces. The property has a floor size of 153m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Apartment sold in Darwin City in the last 12 months.

Building Type
Apartment
Floor Size
153m2
Local Government
Darwin

Last Listing description (October 2024)

Please copy and paste this link on a web browser for all the information about the property: https://vltre.co/7d1oVd
Key Features:
• Rental Income: $720 per week (furnished)

• Tenancy: Currently leased until Feb 2025
• Council Rates: $1700 per annum Approx.
• Body Corporate: Managed by North Management
• Body Corporate Fees: Approximately $1600 quarterly Approx.
• Year Built: 2015
• 2 Bedrooms, 2 Bathrooms, 2 Car Parks, plus a storage/Laundry room all furnished
• Complex amenities include a swimming pool and gym
• Secure complex for peace of mind
• Proximity to local restaurants, shops, and just a 5-minute drive to Cullen Bay and 2 mins to the Esplanade.

Welcome to this stunning 2-bedroom, 2-bathroom apartment located at 39/108 Mitchell Street in Darwin. This modern property offers two ensuites, perfect for those looking for convenience and privacy. With a spacious building area of 153sqm, this apartment was constructed in 2015 and boasts a contemporary design.

The master bedroom features a luxurious walk-in wardrobe and an ensuite bathroom, providing an ideal retreat. The kitchen is generously sized, perfect for those who love to cook, and there's a convenient laundry and storeroom adjacent to it. This unit comes fully furnished, offering an excellent investment opportunity with a rental return of $720 per week.

You'll enjoy breathtaking views of the city and Mindil Beach from the 8th floor, making this the best location in the city. The apartment also includes two secure garage spaces, ensuring ample parking for residents. Additional features include air conditioning, built-in robes, and a spacious balcony perfect for enjoying the scenery. The well-managed building offers low body corporate fees and an inground pool, ideal for relaxing on hot days.

Located in a prime location, this apartment is within close proximity to shops, restaurants, and public transportation. Don't miss out on the opportunity to own this fantastic property. Contact us today to arrange a viewing and make this apartment your new home!

Property History for 39/108 Mitchell St, Darwin City, NT 0800

A timeline of how this property has performed in the market
Last Sold
$470,000
22 Oct 2024
Listed for Rent
$720/w
30 Jul 2024
  • 22 Oct 2024
    Sold for $470,000
  • 19 Aug 2024
    Listed for Sale UNDER CONTRACT
  • 30 Jul 2024
    Listed for Rent $720 / week
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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.

Suburb Insights for Darwin City 0800

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Akansh Batta
Show contact details
Raine & Horne Darwin
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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.