337/19B Kitchener Drive, Darwin City, NT 0800

For more property information text 337KIT to 0488 810 057 

337/19 Kitchener Drive offers the ultimate in high-return investing and executive waterfront living. Perfectly positioned in Darwin’s thriving Waterfront Precinct, this luxury two-bedroom two-bathroom apartment has been one of the most successful holiday rentals at the Waterfront over the last 10 years. With a consistent gross income of $117,478 over the past 12 months to 30 June 2025, this investment delivers an impressive gross yield of 11% - a very rare opportunity in today’s market.
 
Whether you’re an investor seeking strong, consistent returns or a lifestyle buyer wanting the buzz of the city with the serenity of the sea, this property delivers the best of both worlds.
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Key Features:
•	Two-bedroom luxury apartment with premium finishes throughout
•	Wall-to-wall sliding glass doors open to a full-width double sized balcony overlooking the Darwin Wharf and Harbour
•	Sip Champagne while watching the largest cruise ships berth right out in front!
•	Stylish kitchen with stone benchtops, island and breakfast bar
•	Upgraded Kitchen & Bathrooms x 2 circa 2022
•	Open plan living/dining with tiled floors and effortless flow to outdoor entertaining
•	Security screens to main balcony from bedrooms
•	Ducted Airconditioning throughout
•	Master with walk-in robe and ensuite; both bedrooms with balcony access 
•	Quality window furnishings and roller blinds tastefully decorated with matching pelmets
•	Dedicated home office workstation and ample storage throughout (basement storage cage)
•	Internal laundry, intercom entry, secure fob access and 2 x garage parking
•	Complex feature landscaped parklands and guest parking
•	Pet-friendly apartment, perfect for city professionals or couples
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Investment Appeal:
•	Operating successfully as a premium short-stay rental for the last 10 years
•	Proven annual gross income of $117,478 year on year
•	11% Gross Yield – Outstanding investment with consistent holiday rental income
•	Sold Fully Furnished (worth $15,000) with optional extra Motor Vehicle (Toyota Corolla Hatch extra $10,000) 
•	Ready to move in or take over holiday rental bookings
•	Currently managed by Top End Short Stays at 15% + GST Management Agreement for the next 12 months
•	Turnkey-ready – live in, rent out long-term or continue as a high-yield holiday let

Location Highlights:
•	Situated in the vibrant Darwin Waterfront Precinct
•	Directly above buzzing cafes and restaurants – ideal for brunch or late-night dining
•	Stroll to the wave pool, lagoon, and water park
•	Minutes to the CBD, Mindil Beach and the Botanic Gardens
•	Easy access to Wharf Precinct and bustling Smith & Mitchell Streets

Secure one of Darwin’s top-performing waterfront investments and enjoy the flexibility of a high-income asset with unbeatable lifestyle appeal.
Enquire today – opportunities like this don’t last long.

The finer points:
•	Council Rates: Approx. $1,760 per annum  
•	Area Under Title: 130 meters squared   
•	Year Built: 2009
•	Zoning: CB (Central Business)
•	Body Corporate: North Management 
•	Body Corporate Levies: Approx. $2,112 per quarter 
•	Body Corporate Special Levies: $1,190 quarter 3 & 4 2025 only
•	Settlement period: 45 days or variation on request   
•	Easements: As per title
•	Deposit: 10% or variation on request