27/3 Cardona Court, Darwin City NT 0800

2 bed, 2 bath, 143m² | 2 parking | built 2004 | strata lot 1907m² | priority Larrakeyah Primary The internal floor area is generous for a two-bedroom unit, giving a clear configuration edge over newer compact builds in Darwin City. The 2004 construction date avoids the worst of the city’s older, less efficient stock, and two dedicated parking spaces are a genuine rarity in this precinct. For a buyer seeking owner-occupier quality in a strata setting, the combination of size, parking, and priority school zoning-particularly for Larrakeyah Primary-positions this unit as a stronger hold than most comparables. It suits a professional couple or downsizer who values space and school catchment over a premium address. The main risk is the strata lot size of 1907m²; a large common area can mean higher future levies for maintenance or sinking fund top-ups, and the 136m² discrepancy in internal area suggests either a measurement error or a balcony-inclusive figure that may not fully transfer to resale valuation. The current listing price sits above estimated value, which means the buyer is paying for the parking and floor plan rather than for market momentum. On the opportunity side, the rental yield at $700 per week against a negotiated purchase near $480K would return over 7.5% gross, making this a viable hold-and-rent strategy if the owner-occupier premium does not materialise. Buy it for the space and parking, not for a quick flip.