4/8 Knuckey Street, Darwin City NT 0800

Ground-floor Le Grande unit | 295sqm internal floorplan | fully furnished with pool and gym | priority school catchment The property’s primary competitive edge is its exceptional internal area of 295 square metres, which is rare for a strata-titled apartment and effectively offers a house-sized footprint in a central city building. The ground-floor position with a veranda, courtyard, and fully fenced outdoor area creates a hybrid living arrangement that suits downsizers wanting space without a freestanding house, or professionals seeking lock-and-leave convenience. The inclusion of full furniture and equipment reduces immediate move-in costs, and the building’s pool and gym further differentiate it from typical Darwin City units. Priority enrolment for Larrakeyah Primary School and Darwin High School adds tangible value for families. The main risk is that the previous comparable unit sold for $498,000 in late 2025, while this listing is priced at offers over $585,000, creating a significant premium that may not be supported by recent market evidence. The 2023-square-metre lot is shared across the building, so the buyer holds no exclusive land benefit. The fully furnished condition may also limit appeal for buyers who prefer their own style. The property is best held as a long-term owner-occupied home rather than an investment, given the rental history of $520 per week would produce a low yield relative to the asking price.