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Sold on 22 Dec 2023 - Price Unavailable

48/8 Knuckey Street
Darwin City NT 0800

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 138m2
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Property Details for 48/8 Knuckey St, Darwin City

48/8 Knuckey St, Darwin City is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a land size of 138m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom Unit sold in Darwin City in the last 12 months.

Building Type
Unit
Land Size
138m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 640/S 71/226

Last Listing description (December 2023)

Selling fully furnished and equipped! Ready to occupy, rent or short term lease!!

Property specifics:
Year Built: 1996

Council Rates: Approx.$1,650 per year
Area Under Title: 138 square metres (internal unit and balcony) plus car park 2.84m x 5.5m
Current status: Tenanted until 13th March 2024 @ $580 per week
Body Corporate: Castle Real Estate
Body Corporate Levies: Approx. $2,320
Pet friendly: Upon application to the body corporate
Vendor's Conveyancer: Territory Conveyancing
Preferred Settlement Period: 30-45 days from the contract date
Preferred Deposit: 10%
Easements as per title: None found
Zoning: CB (Central Business)
Status: Vacant possession with ongoing Airbnb bookings

Airbnb figures:
5/07/22 to 2/06/23 = $62,964 gross payout to owner minus management costs.

This apartment is currently managed by a professional Airbnb super host manger and can be ongoing. This walk in walk out investment generating double digit returns in the heart of Darwin City is perfect if you are looking for a set and forget investment with a professional manager already in place. Flexible for the new owner to occupy each year and enjoy the benefits of Darwin's buzzing Dry Season!!

Situated on the top floor of the prestigious La Grande apartment complex. The breezy and relaxing feel is ideal for the central city location. High ceilings and open plan living extend onto the balcony with magnificent views of the CBD and the blue ocean of the Darwin Harbour. Perfectly located on Knuckey Street, with convenient access to Coles supermarket, local cafes, pubs and restaurants. City to your right and ocean to your left, the perfect mix of both worlds.

- Spacious two bedroom apartment situated at the top of the La Grande building
- Offers superb views over the city and harbour from the interior and huge front facing balcony
- Open-plan living space flaunts elegant neutral palette and high vaulted ceilings
- Generous master offers balcony access, walk-through robes and ensuite with shower and dual vanity
- Attractive easy-care floors and split-system AC deliver cold living throughout
- Secure undercover parking for one vehicle within the complex
- Complex also features picturesque pool and modern gym
- Very convenient location opposite Mitchell Centre with Coles, medical centre, cafe, bottle shop and chemist warehouse.

Enjoy sitting out on the large balcony whilst taking in the stunning views, magical sunsets in the heart of the city and ocean views across the Darwin Esplanade.

To arrange a private inspection or make an offer on this property, please contact Andrew Harding 0408 108 698 or Evie Radonich 0439 497 199 at any time.

Property History for 48/8 Knuckey St, Darwin City, NT 0800

A timeline of how this property has performed in the market
Last Sold
22 Dec 2023
Listed for Rent
$650/w
23 Aug 2024
  • 23 Aug 2024
    Listed for Rent - Price not available
  • 23 May 2024
    Listed for Sale $540,000
  • 29 Feb 2024
    Listed for Rent - Price not available
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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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Contact agent
Andrew Harding
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Evie Radonich
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Ray White 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.