201/19B Kitchener Drive
Darwin City, NT 0800

Overview

201/19B Kitchener Drive, Darwin City NT 0800

Apartment 201 is a rare and exceptional offering, presenting an oversized one-bedroom waterfront apartment that boasts uninterrupted views of the lagoon and the Convention Centre. This residence features generous indoor-outdoor living spaces and holds one of the strongest short-stay rental track records in the entire precinct, delivering over $104,000 in income in the past 12 months. It perfectly combines lifestyle luxury with remarkable investment performance.

The apartment offers an expansive layout with modern finishes and an exceptionally private outlook, setting a new benchmark for one-bedroom living in the Darwin Waterfront area.

Property Highlights

• Extra-large one-bedroom design with premium finishes and direct lagoon and Convention Centre views
• Renovated kitchen equipped with stone benchtops, SMEG appliances, and a plumbed fridge cavity
• Oversized open-plan living area that extends to a spacious, sheltered balcony, ideal for dining or lounging
• Ducted Mitsubishi Heavy Industry air-conditioning complemented by window tinting for optimal climate control
• Extra-large king-sized master bedroom featuring a walk-in robe and private ensuite
• Updated ensuite with walk-in shower, vanity, and toilet
• Dedicated study nook, internal laundry, and secure basement parking
• Intercom, lift access, and fob-controlled entry for enhanced security
• Well-maintained, pet-friendly complex with visitor parking
• Immaculately presented and maintained, ready for immediate move-in or continued rental income

Investment Snapshot

• More than a decade of proven short-stay rental performance
• Gross annual income exceeding $104,138 in the past 12 months
• Exceptional gross yield of over 13%, which is rare for a premium waterfront location
• Sold fully furnished, including approximately $15,000 in inclusions
• Professionally managed short-stay rental with a 15% management fee, providing effortless, hands-free ownership
• Turnkey option suitable for short-stay rental, executive accommodation, or private use

Waterfront Location Benefits

• Located in the heart of the Darwin Waterfront, with dining, entertainment, and attractions all within close proximity
• Direct views over the Wavepool, Convention Centre, and Darwin Harbour
• Beautiful dog-friendly foreshore pathways immediately outside the complex
• Easy walking access to the Wave Lagoon, Stokes Hill Wharf, and family water park
• Quick access to the Central Business District, Mindil Beach, Smith Street Mall, and the Botanic Gardens

Key Facts

• 1 bedroom, 1 bathroom, and 1 car space
• Area under title is 112 square meters
• Income generated is $104,138 gross over the previous 12 months
• Yield is over 13% gross
• Secure, modern, and ready to occupy or rent immediately
• Ideal for Airbnb, executive leasing, or a private waterfront escape

This is an exceptional opportunity to secure a strong-earning property in one of Darwin's most desirable waterfront addresses. Whether you are seeking reliable returns or a stylish retreat with income on the side, Apartment 201 offers premium living and impressive performance. Opportunities of this calibre are tightly held and seldom reach the market.

The Finer Points

• Council rates are approximately $1,758 per annum
• Area under title is 112 square meters
• Year built: 2009
• Zoning: Central Business (CB)
• Pool status: In complex
• Status: Vacant possession
• Body corporate managed by North Management
• Body corporate levies are approximately $2,508 per quarter
• Body corporate special levy of $756 applies in Q3 and Q4 only
• Settlement period is 45 days or variation on request
• Easements as per title
• Deposit is 10% or variation on request

Location