85 Mitchell StreetDarwin City NT 0800
Property Details for 85 Mitchell St, Darwin City
85 Mitchell St, Darwin City is a 0 bedroom, 0 bathroom House. The property has a land size of 2099m2. While the property is not currently for sale or for rent, it was last sold in November 2021.
Last Listing description (August 2021)
Located in the heart of Darwins premiere entertainment strip, in the CBD core, this 2030m2 parcel of Central Business (CB) zoned freehold land is suitable for a ranges of users. Located less than 500m from the Darwin GPO and surrounded with hotels, restaurants and bars this statically parcel of land is suitable to be developed now or into the future.
* 2030m2 Freehold (CB) zoned Land suitable for high rise development
* Current approval for street vendors to attract some holding income
* High rise development would offer commanding views of Darwin harbour
* Just one street back from Darwin iconic Esplanade
* Exceptional opportunity to capitalise on market conditions
For any further information please contact Jeremy ODonoghue 0407 080 067.
Property History for 85 Mitchell St, Darwin City, NT 0800
- 30 Nov 2021Sold for $2,640,000
- 25 May 2020Listed for Sale CONTACT AGENT
- 05 Jul 1999Sold for $2,000,000
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0About 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 -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.
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