OFF MARKET

85/52 Mitchell Street
Darwin City NT 0800

Bedrooms: 4
Bathrooms: 1
Car spaces: -
Land area: 13m2
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Property Details for 85/52 Mitchell St, Darwin City

85/52 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.

Building Type
Unit
Year Built
2004
Land Size
13m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 7541/DVP04/022

Last Listing description (July 2011)

GREAT SECURE INVESTMENT FOR UNDER $100K
This is a great way to invest in the Territory for under $100,000 and secure yourself a guaranteed return on a 10 year lease.
Located in the centre of Darwin???s hospitality epicentre, Melaleuca on Mitchell is Darwin???s #1 budget accommodation for the adventure traveller. Winner of the Brolga Award for Best Backpacker Accommodation in the NT for 2005, 2006 and 2007 this is a secure investment, with great returns and very little investment.

Fully air-conditioned 4 bed dorm room
Utilises common toilet and shower facilities
Cleaning services ensure your investment remains in pristine condition
Secure key card access to individual rooms and floors
With individual secure lockers located in each room
Self-catering kitchen and licensed bar
2 pools securely located on the first floor
A waterfall spa
Pool table and outdoor gaming facilities
4 meter big screen in common area
Making this a ???home base??? while the travelling or working adventurer explores all that the Top End has to offer, offers year-round rental security.
About the Property???
Council Rates: $1,100 per annum (approx)
Body Corporate Fees: $104.79
Status: Currently Leased for 10 years (commencing 1/12/2009)
Gross Rental Estimate: $1,716.00 per quarter (approx)
Area on Title: 13 square meters
Year Built: 2004
Karl Secondis
Sales Executive
One Real Estate

Property History for 85/52 Mitchell St, Darwin City, NT 0800

A timeline of how this property has performed in the market
Last Sold
$90,750
02 Dec 2004
  • 13 Mar 2011
    Listed for Sale 90000
  • 02 Dec 2004
    Sold for $90,750

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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 5,327 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 68 properties listed for rent in Darwin city on OnTheHouse. According to CoreLogic's data, 296 properties were sold in the past 12 months in Darwin city.

Suburb Insights for Darwin City 0800

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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.