47/52 Mitchell St, Darwin City is a 4 bedroom, 1 bathroom Unit and was built in 2004. The property has a land size of 13m2. While the property is not currently for sale or for rent, it was last sold in December 2004.
7% Yield & 10 Year Lease!
Located in the heart of Darwin???s vibrant CBD is the award winning Melaleuca on Mitchell complex.
An opportunity for the astute investor to purchase a 4 bedroom dorm with long lease in place with guaranteed income of $6864.00 per year + CPI on annual review giving you peace of mind your investment will be working day and night with no interruptions has become available in this locally operated resort.
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 5,329 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:
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