12/4 Foelsche Street, Darwin City, NT 0800

Step into this exquisite apartment and be welcomed by an abundance of natural light and refreshing breezes. The spacious living area seamlessly connects to a large wrap-around veranda, boasting two separate sitting areas, one offering stunning water views. Whether you're savouring a tranquil morning or hosting lively gatherings, this serene setting provides the perfect backdrop for relaxation and entertainment.

Crafted for contemporary living, the apartment's layout effortlessly blends the living, dining, and kitchen areas, fostering a seamless flow throughout. The well-appointed kitchen inspires culinary exploration with its modern appliances, while the adjacent living space offers flexibility for various activities and socializing. The home is complemented by a spacious internal laundry and a well-appointed bathroom. The generously sized bedroom features built-in robes, and the apartment is fully air-conditioned for comfort throughout.

This apartment is currently leased until January 2025 with an excellent tenant in place, offering investors a compelling opportunity with no vacancy periods.


Around the suburb:
Bicentennial Park, Esplanade (0.9km): Enjoy scenic walks and picnics nearby.
Darwin Waterfront Precinct (0.95km): Explore dining and entertainment options close by.
Smith Street Mall (0.55km): Convenient shopping and dining nearby.
Mitchell Street (1.1km): Experience Darwin's vibrant nightlife.
Cullen Bay Marina (2.1km): Seaside dining and fishing charters a short distance away.

About the Property:
Area under title: 120 metres square
Year Built: 1999
Easements: None found
Council rates: $2,000.00 per annum
Body Corporate Management: Ace Body Corporate
Body Corporate Levies: $910.00 per quarter
Sinking fund balance as at 19/04/24 $115,246.00
Admin fund balance as at 19/04/24 $41,097.00
Currently tenanted to 24/01/25 at $335.00 per week (Current Market value is between $450 -$470 per week)