710/79 Smith Street, Darwin City, NT 0800

For more property information including body corporate and reports text 710S to 0488 810 057

Positioned on the 7th floor in the heart of Darwin CBD, 710/79 Smith Street, Darwin City presents an attractive opportunity for investors seeking a strong rental return in a highly convenient city location.

Currently furnished and leased at $550 per week until 5 October 2026, Current Rental appraisal is up to $720 per week, the property offers an approximate 9% gross rental yield, providing an immediate income stream from settlement.

The well-positioned one-bedroom apartment captures impressive city, water and ocean views, while placing Darwin's restaurants, cafés, shopping, entertainment and business precinct within easy reach.

Inside, the apartment offers a practical, air-conditioned layout with open-plan living flowing onto a private balcony – an ideal place to sit back and enjoy the surrounding outlook.

The bedroom includes a built-in wardrobe, while secure parking, lift access and security access add to the everyday convenience. Residents also have access to the complex's in-ground swimming pool, adding further lifestyle appeal.

Property Highlights:
• Approx. 9% gross rental yield with Rental appraisal $720
• Currently rented at $550 per week 7.1% yield
• Fixed lease until 5 October 2026
• Furnished apartment
• 1 bedroom with built-in wardrobe
• 1 bathroom
• 1 secure car space
• Positioned on the 7th floor
• Approximately 66m² on title
• Approximately 55m² internal living
• Private balcony
• City, water and ocean views
• Split-system air-conditioning
• Secure complex access
• Lift access
• In-ground complex swimming pool
• Prime Darwin CBD location
• Walking distance to shops, cafés, restaurants and city amenities

Property Information:
Current Rent: $550 per week with 7.1% yield
Lease Expiry: 5 October 2026
Gross Rental Yield: Approximately 9% with Rental appraisal $720
Council Rates: Approximately $1,860 per annum
Body Corporate / Strata: Approximately $1,667 per quarter
Area Under Title: Approximately 66m²
Internal Area: Approximately 55m²

For investors looking for an established rental return, or buyers wanting to secure a well-positioned apartment for the future, 710/79 Smith Street combines income, location and lifestyle in the heart of Darwin City.

The Finer Points
Year Built: 2013
Zoning: CB (Central Business)
Settlement period: 45 days or variation on request
Easements: As per title
Deposit: 10% or variation on request

Type

Unit

Bedrooms

1

Bathrooms

1

Parkings

1

Area

66 m²