624/90 Esplanade, Darwin City, NT 800

Nett Income FY24/25: $48,124.07 | Gross: $76,647.34

AVAILABLE NOW!!

A true ‘set and forget’ investment, this dual-key apartment in the sought-after Mantra on the Esplanade offers multiple income streams, strong occupancy, and a premium waterfront location — all with professional onsite management.

Sitting on a single title, this flexible property includes two self-contained units:

Room 625 – A full one-bedroom apartment featuring:

– Open-plan living and dining area

– Equipped kitchen

– Ensuite bathroom with laundry

– Private sixth-floor balcony with views over the Darwin CBD skyline

Room 624 – A well-appointed studio room offering:

– Comfortable sleeping space

– Ensuite bathroom

– Basic hotel-style facilities (fridge, kettle, minibar setup)

Complex amenities include:

– Sparkling outdoor swimming pool

– Undercover parking

– Premier position on the Darwin Esplanade, close to restaurants, shops, and attractions

Whether you're an interstate investor or local buyer, this is an unbeatable chance to start earning from day one, with a net return of over $48,000 per annum and potential to grow.

Available now – seize this opportunity while it lasts.

Contact me today for a full info pack or to arrange a private inspection.

The finer points:

• Council Rates: Approx. $1,758 per annum

• Area Under Title: 86 meters squared

• Zoning: CB (Central Business)

• Status: Periodically leased

• Body Corporate: North Management

• Body Corporate Levies: Approx. $5,816 per quarter

(Please not the body corporate levies are subject to change - Sinking fund currently $2,342 per quarter)

• Vendors Conveyancer: Law Lab

• Settlement period: 45 days or variation on request

• Deposit: 10% or variation on request