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Sold on 14 Oct 2024 for $457,000

52/93 Smith Street
Darwin City NT 0800

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 101m2
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Property Details for 52/93 Smith St, Darwin City

52/93 Smith St, Darwin City is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a land size of 101m2. 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
Land Size
101m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 5440/UP 84/024

Last Listing description (October 2024)

FOR ALL PROPERTY INFORMATION, please copy and paste the code below to your preferred web browser.
https://vltre.co/vgsJbg

Key Details:

Body Corporate: Castle Real Estate
Body Corporate Rates: $2,334 Per Quarter (Approximately)
Car Park on Title = A Rarity Indeed! (most car parks are leased)
Council Rates: $1,750 Per Annum (Approximately)
Easements: None Found
Property Status: Vacant Possession at Settlement
Rental Estimate: $630 - $680 Per Week (Approximately)
Sellers Conveyancing Agent: Aquarius Conveyancing
Solar Panels: No
Unit Area: 101m²
Year Built: 1984
Zoning: CB (Central Business)

Complex Amenities
Back up generator: Yes
Floor: 14th
Lift: Yes - New elevators 2022
No. of Units in Complex: 64
Pets: No (See by-laws)
Swimming Pool: Yes

Nestled within the iconic Marrakai Building, this stunning corner apartment on the 14th floor offers the perfect blend of modern luxury and resort-style living. With panoramic water views, a spacious wraparound veranda, and access to top-tier amenities, this property is a dream for investors and owner-occupiers alike.

Prime Location: Situated in the heart of Darwin's vibrant CBD, this apartment provides immediate access to the city's finest dining, shopping, and entertainment options. The Waterfront Precinct, Mindil Beach, and Cullen Bay are just moments away.

Spectacular Views: Enjoy breathtaking sea views from every room, enhanced by a wall of windows that fill the apartment with natural light and refreshing sea breezes.

Spacious Living: The open-plan living area flows seamlessly onto the expansive wraparound balcony, perfect for alfresco entertaining or simply relaxing while taking in the stunning views.

Modern Kitchen: The well-appointed kitchen features modern appliances, ample cabinetry, and plenty of bench space, making it a pleasure to cook and entertain.

Comfortable Bedrooms: Both bedrooms are generously sized with built-in robes, and abundant storage. The master bedroom includes an ensuite and a well appointed main bathroom.

Year-Round Comfort: Ducted air conditioning and ceiling fans throughout ensure the apartment remains cool and comfortable, no matter the season.

Backup Power: The building is equipped with a backup generator to keep the fridge and lights on during power outages, ensuring peace of mind.

Recent Upgrades: The elevators were replaced in 2022, and the resort-style lagoon pool and BBQ area, including a convenient change room, were redone in 2017. Recent upgrades have added shade and lush landscaping to the area, creating a true oasis.

Convenience and Security: The apartment includes a secure underground parking space, an internal laundry, and a welcoming, well-maintained foyer staffed throughout the day.

Unbeatable Investment Opportunity

Whether you're looking to make this your dream home, a smart investment, or part of a short-term rental pool, this apartment offers unmatched versatility. Don't miss out on the chance to own a piece of paradise in the heart of Darwin's CBD.

Arrange your inspection today and experience the perfect blend of city living and resort-style luxury!

Reasons To Buy:
• Spacious two bedroom, two bathroom apartment
• Inner city corner apartment in the iconic Marrakai Building
• Huge balcony with resort-style living in the heart of the CBD
• Refurbished lagoon style pool and BBQ area
• Free flowing design with spacious living area and wrap-around verandah
• Dual sliding doors to balcony for cross breezes and light-filled living spaces
• Roomy bedrooms with built-in robes, ensuite to main bedroom
• Full size bath in main bathroom, and separate internal laundry
• Fully air-conditioned, sale includes furniture and white goods
• Well-equipped original kitchen with pantry and ample storage options
• Secure complex with high standard of maintenance and staffed foyer
• Ideal investment opportunity or perfect for owner occupier looking for city centre living

Key Neighbourhood Features:
• Located in the heart of Darwin City
• 5 minutes to Darwin Waterfront Precinct
• 7 minute walk to Woolworths
• 14 minutes to Casuarina Square
• 20 minutes to Royal Darwin Hospital

Property History for 52/93 Smith St, Darwin City, NT 0800

A timeline of how this property has performed in the market
Last Sold
$457,000
14 Oct 2024
Listed for Rent
$600/w
12 Sep 2022
  • 14 Oct 2024
    Sold for $457,000
  • 22 Aug 2024
    Listed for Sale UNDER CONTRACT
  • 19 Aug 2022
    Listed for Rent $600 / 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 5,329 properties. Over the last 5 years, Houses in Darwin City have seen a 12.95% increase in median value, while Units have seen a 22.09% increase. As at 30 September 2024:

  • The median value for Houses in Darwin City is $543,443 while the median value for Units is $419,217.
  • Houses have a median rent of $600 while Units have a median rent of $600.
There are currently 74 properties listed for sale, and 66 properties listed for rent in Darwin city on OnTheHouse. According to CoreLogic's data, 293 properties were sold in the past 12 months in Darwin city.

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Nick Mousellis
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Tracy Barker
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Nick Mousellis Real Estate - Eview Group
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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.