DUAL KEY Two-bedroom apartment in Cullen Bay Resorts

With Darwin's dry season in 2022 shaping up to be one of the biggest and best yet, you'll love this dual key apartment on your property portfolio to make you some money. Already nearly fully booked out for the dry season - expect huge returns and flexible accommodation options in beautiful Cullen Bay.

Set in the sought-after Cullen Bay, this two-bedroom apartment offers enormous opportunity for the savvy investor seeking a lucrative holiday rental. Or live in the apartment yourself and enjoy a relaxed holiday lifestyle in this prime location, walking distance to marina restaurants and just moments to all city amenities.

Currently rented through Cullen Bay Resorts - grossing approx. $60,000 in the 20/21 year. We expect 2022 to be even greater again.

- Central open-plan living/dining area with floating flooring
- Corner kitchen with breakfast bar and electric cooktop
- Good-sized covered balcony with lush garden outlook
- Built-in robes and ensuites to both large bedrooms
- Split-system a/c units to living area and both bedrooms
- Internal laundry facilities conveniently located in kitchen
- Secure parking provided for one car in prime city location
- Two pools and spa with shade sails to resort complex

FULLY FURNISHED - being sold with all the furniture in the apartment, which was upgraded in recent years.

Play it your way in this Cullen Bay apartment that offers a rare opportunity to buy into a popular holiday complex for rental, part-time or full-time living. Very popular with AirBnB you could even manage this one yourself for more flexibility.

Enter past the kitchen and into the main open plan living/dining area that features modern floating flooring and flows onto the good-sized balcony at rear.

Update the corner kitchen to add value to the apartment or leave it as is to suit the holiday rental market.

Two large bedrooms are located off either side of the central living/dining area, and both feature private ensuites and built-in robes.

The master bedroom also features a private external entry which makes it suitable for rental as a studio-style hotel room or as part of an interconnecting two-bedroom apartment.

There is also a bar fridge and balcony to the master bedroom, and there are two pools and a spa to enjoy in the resort complex.

This prime Cullen Bay apartment on the edge of the city will be popular with investors and owner/occupiers alike. Act fast and organise your inspection today.

Council Rates: Approx. $1,300 per year
Area Under Title: 98 square metres
Year Built: 1997
Zoning: HR (High Density)
Status: Vacant possession
Rental Estimate: $440 - $480 per week (private rental)
Body Corporate: Whittles
Body Corporate Levies: Approx. $1,981 per quarter
Vendors Conveyancer: TBC
Settlement period: 30 days or negotiable
Deposit: 10% or variation on request
Easements as per title: Electricity supply to Power and Water Authority

Explore the area

School catchments

Larrakeyah Primary School Primary T-6 Government 0.98km
SEDA College NT - Waratah Club campus Secondary Independent 0.98km
Northern Territory School of Distance Education Secondary 9-12 Government 1.5km
Darwin High School Secondary 10-12 Government 1.6km
St John's Catholic College Secondary 7-12 Catholic 1.7km
Darwin Middle School Secondary 7-9 Government 1.7km
St Mary's Catholic Primary School Primary T-6 Catholic 1.8km
Stuart Park Primary School Primary T-6 Government 2.4km
Parap Primary School Primary T-6 Government 3.1km
SEDA College NT Secondary 10-12 Independent 3.2km
Ludmilla Primary School Primary T-6 Government 4.3km
Millner Primary School Primary T-6 Government 7.6km
St Paul's Catholic Primary School Primary T-6 Catholic 7.9km
SEDA College NT - Tennis NT campus Secondary Independent 8.2km
Nightcliff Primary School Primary T-6 Government 8.2km
The Essington School - Senior Campus Secondary Independent 8.3km
The Essington School Combined T-12 Independent 8.4km
Nightcliff Middle School Secondary 7-9 Government 8.5km
Jingili Primary School Primary T-6 Government 8.8km
SEDA College NT - St Mary's Club campus Secondary Independent 8.8km
SEDA College NT - Terriory Rugby League Stadium campus Secondary Independent 9.0km
Moil Primary School Primary T-6 Government 9.2km
Casuarina Senior College Secondary 10-12 Government 9.4km
Alawa Primary School Primary T-6 Government 9.6km
Anula Primary School Primary T-6 Government 9.9km
Wagaman Primary School Primary T-6 Government 10.2km
Top End School of Flexible Learning Secondary 5-12 Government 10.5km
Sanderson Middle School Secondary 7-9 Government 10.5km
Australian International Islamic College Darwin Primary T-6 Independent 10.6km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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