503/79 Smith Street, Darwin City NT 0800

Property Details: • Type: Apartment / Unit / Flat

• Bedrooms: 1 • Bathrooms: 1

Description: Leased until 17/01/2028 - Fully Equipped 1BR Darwin City Apartment Positioned in the heart of Darwin's vibrant CBD, this sophisticated one-bedroom apartment delivers modern design, ocean glimpses, and a secure long-term lease making it an outstanding investment opportunity. Perfectly suited to professionals and urban dwellers, the location provides immediate access to Darwin's commercial precinct, employment hubs, dining, entertainment, and the iconic Waterfront. Property Features: * Step inside to a thoughtfully designed layout offering: * Well-appointed bedroom with mirrored built-in robes * Modern bathroom with quality finishes * Light-filled open-plan living and dining area * Large windows capturing natural light and elevated esplanade/ocean outlooks * Private balcony with city and water views * Fully furnished and equipped * Secure complex with lift access * Dedicated secure car space This low-maintenance apartment combines lifestyle appeal with strong rental fundamentals in one of Darwin's most tightly held CBD pockets. Investment Highlights: * Leased to a company until 17/01/2028 * Rental return: * $550 per week until 24/11/2026 then $567 per week thereafter * Proven rental demand * Strong short-stay and executive accommodation appeal * Premium CBD position steps from cafes, retail, nightlife and the Waterfront Key Information: * Rates: Approx. $1,760 per annum * Body Corporate: Approx. $1,610 per quarter * Admin Fund: $1,432.00 *Sinking Fund: $178.00 *Year Built: 2013 *Area Under Title: 66sqm *Zoning: CB (Central Business) A secure, income-producing CBD asset with long-term tenancy in place ideal for investors seeking stability, location, and consistent returns. Disclaimer: All information provided has been obtained from sources we believe to be reliable; however, we cannot guarantee its accuracy and accept no liability for any errors or omissions.