506/24 Litchfield Street, Darwin City, NT 0800

For more property information including body corporate and reports text 506L to 0488 810 057

Positioned on the 5th floor in the heart of Darwin City, 506/24 Litchfield Street offers a fantastic combination of spacious city living, excellent complex facilities and a strong rental return.

One of the standout features of this apartment is its larger-than-standard Courtyard, offering considerably more outdoor living space than apartments positioned on other floors within the complex. Flowing directly from the open-plan living and dining area, it provides a fantastic extension of the internal living space and is ideal for entertaining, outdoor dining or simply relaxing and enjoying Darwin's tropical lifestyle.

Inside, the apartment offers a practical and spacious floorplan with two generous bedrooms and two bathrooms. The main bedroom features its own ensuite and walk-in wardrobe, while tiled floors and air-conditioning throughout make the property well suited to low-maintenance Territory living.

For investors, the property is already generating an excellent return, currently rented for $660 per week. With an asking price of $470,000, this equates to an attractive gross rental yield of approximately 7.3%.

The apartment also includes secure car parking and a dedicated storage room, while residents have access to excellent complex facilities including a lagoon-style swimming pool and gym.

PROPERTY FEATURES
• Two generous bedrooms
• Two bathrooms
• Main bedroom with ensuite and walk-in wardrobe
• Spacious open-plan living and dining area
• Oversized Courtyard
• Excellent indoor/outdoor living and entertaining space
• Air-conditioned and tiled throughout
• Internal laundry
• Secure car parking
• Dedicated storage room
• Lagoon-style complex swimming pool
• Gym facilities
• Secure complex with fob and intercom access
• Excellent Darwin City location
• Currently rented for $660 per week
• Asking price $470,000
• Approx. 7.3% gross rental yield
• A STANDOUT CITY INVESTMENT

With its oversized balcony setting it apart from other apartments within the building, strong $660 per week rental return and central CBD position, this property represents an excellent opportunity for investors seeking both yield and long-term appeal.

Whether you're expanding an existing portfolio or looking for your next Darwin investment, 506/24 Litchfield Street deserves your attention.

Contact Nathan Cunneen on 0497 339 558 today for further information or to arrange an inspection.

The Finer Points
Final Bidding Stage: 27th October, 5:30pm
Council Rates: Approx. $1,860 per annum
Area Under Title: 164m²
Year Built: 2008
Zoning: CB (Central Business)
Status: Leased @ $660 per week until 22 March 2027
Rental Estimate: Approx. $700 - $800 per week
Body Corporate: Whittles
Body Corporate Levies: Approx. $2,397 per quarter
Pool: In Complex
Vendors Conveyancer: Ward Keller
Settlement period: 40 days or variation on request
Easements: As per title
Deposit: 10% or variation on request

Type

Unit

Bedrooms

2

Bathrooms

2

Parkings

1

Area

164 m²

House Size

105 m²