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506/90 Esplanade

Darwin City, NT 0800, Australia

2 bed 0 bath 0 car

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AI Valuation Estimate

$470,000 – $530,000

Based on recent comparable sales in Darwin City

+6.2% suburb growth over 12 months

🏫

8.4/10

Schools

🚇

87/100

Walk Score

📈

+6.2%

Growth

🛡️

9.1/10

Safety

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Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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About this property

NETT INCOME - $48,799.13 !! (FY 2021/2022 - Full statement available on request) Text 506ESP to 0472 880 252 for all property information. Open the door to this amazing opportunity to own TWO city pads on The Esplanade in the heart of Darwin! Located on the 5th floor with uninterrupted views over the beautiful Darwin Harbour and only one street away from Mitchell Street this is the kind of location investors dream about. This dual key serviced apartment is extremely well presented and offers a unique opportunity to generate income whilst also being your own slice of paradise to use whenever you travel to Darwin. It is a rare offering and a hassle free investment opportunity for the savvy investor. Dual key properties are perfect for city living/investing as they effectively double the opportunity. The layout provides two secure tenancy areas ideal for those who work remotely or only in town for short periods of time - this property will earn you an income and the flexibility to use when you would like to. Featuring one traditional luxury hotel room with a huge ensuite including bath. PLUS a spacious one bedroom apartment with ensuite and laundry. AND a separate open plan living area and a well-appointed kitchen. Add to that a private balcony to watch the ships come and go and you have a very comfortable city pad indeed. The apartment is fully furnished and ready to create a supplementary income stream, plus allowing you the flexibility to use as your own private holiday getaway (within the Mantra Hotel guidelines). Secure parking, complex swimming pool and a day spa are all part of the spoils. The choices never looked so good. Key Points to Consider: Spectacular Views Over Darwin Harbour Two Separate Apartments on One Title 1 x One Bedroom, Open Plan Living, Kitchen, Bathroom, Laundry & Balcony 1 x Luxurious King Hotel Room with Huge Ensuite Options Include Lease One or Both Privately, Lease to Hotel Pool Secure Parking, Complex Pool and Day Spa Available Located on the Iconic Darwin Esplanade Heart of the City Investment The choice is yours and either way you can't go wrong. Make the call today. Viewing is strictly by appointment only! Council Rates: Approx. $1520 per annum Area Under Title: 94 sqm Year Built: 1995 Zoning: CB (Central Business) Status: Vacant Possession Body Corporate: Altitude Management Body Corporate Levies: Approx. $5,800 per quarter Settlement period: 30 days Deposit: 10% or variation on request Easements as per title: (none found)