$270,000
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5/19 Lorna Lim Terrace, Driver NT 0830

Apartment
211
Block size: 1704 m² approx.

Investor Alert! 7.5% Returns!

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The Darwin Market has long been known as Solid Investment Ground. This property more than ticks The Boxes. Rented at $390 per week for Two Years (Exp Feb 2026), you can sit back and watch the money roll in.

Drenched with sunlight, this second floor apartment is filled with natural light and offers views over the streetscape to the parklands beyond with cool breezes.

Tucked into a complex setting with a towering driveway leading through to the rear parking bays, the property has stair access through to the second floor with a small front landing so you can kick off your shoes or display some plants if you like.

Inside the home is the kitchen with wrap around hard wearing laminate counters and a servery counter with overhead cupboards as well. The dining room has sliding doors through to the sun drenched balcony that basks in the afternoon rays. The balcony has the clothes line perfect and the views over the streetscape to the park in the distance.

The living areas also have tiled flooring and banks of louvered windows to let in the natural light. This living room has ample space for relaxing and reading a book or snuggling up for the TV.

Down the hallway are two bedrooms each with a built in robe and windows to let in the gentle breezes. The bathroom has a vanity with built in storage space plus a shower.
Located a short walk to the Palmerston Golf Club and Tavern, there is the golf course and Durack Lakes across the road and the CBD is less then 5 minutes up the road.

Located only moments from parklands for the kids to explore, local schools, day cares, Marlow Lagoon dog park and BMX along with the Palmerston CBD for Friday night markets in the quarter.

Features to Love:
Two bedroom apartment in a complex setting
Gated entry at the rear allowing access to the major retailers across the road
Bus stop across the road for an easy commute
Two bed rooms with built in robes and A/C
Bathroom has a shower and vanity with storage
Kitchen has wrap around counters with a servery to the dining room adjacent
Sliding door from the dining area to the balcony
Balcony hosts the clothes line and basks in the afternoon sun
Balcony has views over the streetscape with the parklands beyond
Two bedrooms each with a robe and tiled flooring
Parking at the rear of the complex or on the leafy streetscape
Second floor apartment with stair access and small front landing


Council Rates: Approx. $1853 per annum
Area Under Title: 105 square metres
Zoning: MR (Medium Density)
Status: Tenanted until 23 February 2026 at $390 per week
Body Corporate: Whittles Body Corporate
Body Corporate Levies: Approx. $865 per quarter
Settlement period: 30 days or variation on request
Deposit: $20,000 or variation on request

Inspections

No open inspections scheduled.

Send an enquiry

Contact Andrew Lamberton to learn more about this property, request an inspection or take an online tour.

Key details

Bedrooms:
2
Bathrooms:
1
Garage Spaces:
1
Property type:
Apartment
Block Size:
1704 *

Other Details

Parcel:
3214
Legal description:
590//3214/5
Real Estate Central NT

Maps and area information

Block information
Block size: 1704 (approx)
Legal description: 590//3214/5
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
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Enrolment areas for ACT public schools.

Nearby sales

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We found 3 apartments with 2 bedrooms that just sold near 5/19 Lorna Lim Terrace Driver

Property history

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See Driver's suburb profile

Driver suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
34 years
Population
2,747
Listing ID: 182439459. This listing has been viewed 1 time. It was first displayed on 10/04/2024 and last updated on 10/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.