A smart addition to any investment portfolio, this fully furnished sixth-floor studio combines a desirable corner position, generous 56sqm design and attractive established returns through the ZEN hotel letting pool.
The apartment's elevated position captures a broad urban outlook across the city fringe and surrounding treetops. A generous covered balcony extends the living space outdoors, providing the perfect place to relax, entertain or enjoy Darwin's tropical climate.
Inside, the apartment feels bright, spacious and exceptionally well designed. Tiled flooring flows throughout the open-plan living and dining area, complemented by air-conditioning, ceiling fans and built-in floating storage and display shelving.
The full-sized kitchen offers an impressive amount of bench space and cabinetry, together with electric cooking, a full-sized refrigerator and a neatly incorporated laundry. A linen press beside the entrance provides further practical storage.
Frosted glass sliding doors separate the sleeping zone from the main living area, creating privacy without compromising the apartment's sense of light and openness. Extensive built-in cabinetry surrounds the bed, while the adjoining bathroom features a large shower, vanity and contemporary finishes.
Offered fully furnished, the apartment includes the major furniture and appliances required for an immediate transition. It is currently operating successfully within the hotel letting pool and delivering an attractive return, providing investors with a straightforward and professionally managed income opportunity. Return figures and letting statements are available upon request.
Alternatively, the apartment's self-contained design, generous proportions and convenient city location make it equally appealing as an affordable first home, low-maintenance residence or lock-up-and-leave Darwin base.
Residents and guests of ZEN enjoy access to an impressive selection of resort-style facilities, including a swimming pool, children's play areas and a rooftop terrace and bar. The complex also provides secure lift access, guest parking and contemporary common areas.
With its elevated corner position, spacious balcony, complete furnishings and established hotel income, this apartment offers considerably more than the average studio.
PROPERTY FEATURES:
* Desirable sixth-floor corner position
* Elevated outlook across the city fringe and surrounding treetops
* Generous 56sqm on title
* Currently producing attractive returns through the hotel letting pool
* Fully furnished and ready to continue earning
* Spacious covered balcony
* Open-plan living and dining area
* Privately screened sleeping zone
* Extensive built-in storage
* Full-sized kitchen with excellent bench and cupboard space
* Integrated laundry facilities
* Split-system air-conditioning and ceiling fans
* Modern bathroom with a large shower
* Secure lift access and guest parking
* Resort-style swimming pool
* Rooftop terrace and bar
* Children's play areas
AROUND THE SUBURB:
* Positioned on the doorstep of Darwin's CBD
* Walk, ride or scooter to city offices, cafés, restaurants and shopping
* Minutes from Smith Street Mall, the Esplanade and Waterfront Precinct
* Convenient access to public transport and major arterial roads
ABOUT THE PROPERTY:
Body Corporate Management: Castle Real Estate
Body Corporate Levies: $1,684.00 per quarter
Council Rates: Approximately $1,715.00 per annum
Year Built: 2014
Area on Title: 56sqm
Easements: None found
Yearly net returns $29,509.11
