18/38 George Crescent, Fannie Bay, NT 0820

$285,000

Unit
Type
1
Bedrooms
1
Bathrooms
1
Parkings
70 m²
Area

Last updated on Monday, March 23, 2026 ( See property details for 18/38 George Crescent, Fannie Bay, NT 0820)

$285,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A modern, top-floor one-bedroom apartment in a sought-after Fannie Bay location, offering low-maintenance living and excellent investment potential.

🏡 Property Highlights

  • Prime top-floor location with peaceful surroundings
  • Leased until March 2027, offering a solid investment opportunity
  • Close proximity to Fannie Bay foreshore and East Point Reserve
  • Low-maintenance, practical layout with high ceilings
  • Generous bedroom with built-in robes and integrated laundry
  • Convenient small balcony at the front of the unit

✨ Key Features

  • Air Conditioning
  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area / Balcony
  • Single Storey
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Garage / Secure Parking
  • Waterfront / Views

Fannie Bay is a highly desirable suburb renowned for its stunning foreshore, vibrant community atmosphere, and proximity to natural reserves. Key highlights include scenic water pathways, popular local cafes and amenities, excellent recreational facilities, a peaceful environment, and easy access to Darwin CBD, making it ideal for both lifestyle and investment pursuits.

What are the current rental conditions and potential for rental increase?
The property is leased until March 2027 at $330 per week, with potential for rental growth depending on market conditions and property updates.
What are the ongoing body corporate fees and what do they cover?
The Whittles Body Corporate Fees are approximately $1,185 per quarter, covering maintenance of common areas, building insurance, and management costs.
Is the property suitable for future renovations or upgrades?
Yes, the property offers potential to add value through updates, especially in the kitchen and bathroom areas, to enhance its appeal and investment return.
What are the zoning restrictions and development potential in this area?
The property is zoned LMR (Low-Medium Density Residential), allowing for certain development opportunities subject to council approval.
Are there any known issues or defects with the property?
Based on available information, the property is well-maintained; however, a thorough inspection is recommended to identify any potential issues.
Are there any upcoming or planned developments in the vicinity that could affect the property's value or living environment? What are the total ongoing costs including council rates, body corporate fees, and maintenance expenses? Is there any history of flooding, bushfire risk, or other environmental hazards in this area? Are there any restrictions or easements on the property that could impact future use or renovations? What is the condition of the building's structure, roof, and common areas, and when were they last inspected or maintained?

18/38 George Crescent, Fannie Bay, NT 0820 - More Details

$285,000

Type
Unit
Bedrooms
1
Bathrooms
1
Parkings
1
Area
70 m²

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