211-212/90 Esplanade

Darwin City NT 0800

99 sq.

Unit

Currently for sale - view listing

Overview

13% ROI Dual-Key Esplanade Investment with $60,256 Nett Income

Two apartments. One title. Prime Esplanade position. Positioned on the second floor of Mantra on the Esplanade, this rare dual-key property offers strong income, exceptional flexibility and uninterrupted views across Darwin's iconic Esplanade. Fully furnished and equipped, the property comprises a one-bedroom apartment with kitchen, living/dining, ensuite/laundry and balcony, plus a separate studio apartment with ensuite and minibar facilities. Currently managed by Mantra Hotels, the property has delivered impressive nett returns: ï¿½ FY 25/26: $60,256 ï¿½ FY 24/25: $55,273 ï¿½ FY 23/24: $48,161 With water and electricity included in the body corporate, resort-style pool facilities and owner-use privileges while visiting Darwin, the investment appeal is clear. Continue with Mantra, explore Airbnb or private rental options, or take advantage of the flexibility to occupy it yourself. Estimated private rental return: $650 per week. Set on the corner of Darwin Esplanade and Peel Street, you're just a short stroll from Mitchell Street, the Waterfront and the CBD. A rare dual-key opportunity combining location, income and flexibility in the heart of Darwin.

Features

2 bedrooms

2 bathrooms

99 sq. floor area

Unit

Property history for 211-212/90 Esplanade

2022

Sold

$370,000

Private Sale/Treaty on 05 Sep 2022 by Jen Wardell, of LJ Hooker Darwin

Happy sellers in Darwin City

90%

90% of sellers in Darwin City reported that their sale price either exceeded or met their price expectations.

Darwin City stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 14 reviews in Darwin City over the last 12 months.

Local market activity for 2 bedroom units in Darwin City

In the last 12 months, 40 two-bedroom units similar to 211-212/90 Esplanade, have been sold.

This represents a 45% increase in two-bedroom units sales when compared to the previous 12 months.

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