Back 507/102 Esplanade
Off Market

507/102 Esplanade

Darwin City NT 0800

1
1
1
74 m²
74 m²
Apartment
Last sold for $340,000
Tim MackenzieTim Mackenzie, last sold this property on 15 June 2025 after 99 days on market.

Overview

Unbeatable City Investment - Fully Furnished, Premium CBD Apartment!

$560 per week rent | 7.8% Gross ROI | Tenanted (furnished) until April 2026 Whether you're chasing exceptional returns or the ultimate CBD lifestyle, this beautifully appointed apartment delivers on all fronts. Set in the sought-after 102 Esplanade complex, this one-bedroom residence offers the best of city living-convenience, comfort, and low-maintenance luxury, all just moments from Darwin's waterfront, restaurants, and nightlife. Property Highlights: Excellent ROI - 7.8% gross return with a secure, long-term tenant in place Prime CBD Position - Just steps from the iconic Darwin Esplanade and city attractions Furnished & Fully Air-Conditioned - Ready to go from day one Bright & Breezy - Light-filled open-plan layout with neutral tones and ceramic tiled floors Chef's Kitchen - Stone benchtops, gas cooking, modern appliances & generous storage Private Balcony - City & water views with cool sea breezes-ideal for relaxing or entertaining Generous Bedroom - Built-in robes and a modern, stylish bathroom with walk-in shower Secure Complex - Undercover parking, gym access & sparkling inground pool The Numbers: Rent: $560 per week Lease End: April 2026 Gross ROI: 7.8% Body Corporate: Castle Real Estate BC Levies: $1,226 per quarter ($1,075 Admin + $151 Sinking) Council Rates: $1,715 per annum Area: 74 sqm Zoning: Central Business Location Perks: This is inner-city living at its best. Walk to waterfront cafés, restaurants, Mindil Beach markets, and Darwin's business hub, or unwind with morning jogs and evening strolls along the Esplanade. Whether you're an investor chasing high-yield performance or a future owner-occupier dreaming of a stress-free lifestyle, 507/102 Esplanade ticks every box. Reach out today to arrange a private inspection or request further details.

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
74 m² floor area
74 m² lot size
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Darwin City over the last 12 months, the estimated median property value of 507/102 Esplanade is $310k.

Median value
$310k
Estimated value range
$156.25k - $510k
Median days on market
47
Estimated value trend
16%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Darwin City. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 507/102 Esplanade

2025
Sold
$340,000
15 Jun 2025 by Tim Mackenzie, of Raine & Horne Darwin
2023
Rented
Undisclosed
Leased on 23 Nov 2023 by Raine & Horne Darwin
2017
Rented
Undisclosed
Leased on 12 Oct 2017 by First National Real Estate O'Donoghues

Happy sellers in Darwin City

89%
89% 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 17 reviews in Darwin City over the last 12 months.

Local market activity for 1 bedroom apartments in Darwin City

In the last 12 months, 76 one-bedroom apartments similar to 507/102 Esplanade, have been sold.

This represents a 25% decrease in one-bedroom apartments sales when compared to the previous 12 months.

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