113/90 Esplanade, Darwin City is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 79m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in July 2014.
Top Investment on Esplanade
In the heart of Darwin, overlooking the Esplanade, Bicentennial Park and Darwin Harbour and just a brief walk to the CBD and Darwin's buzzing entertainment hub, this delightful serviced apartment is a hassle free investment opportunity for the savvy investor.
Currently leased to the prestigious Mantra Hotel group until February 2017, with a 2 x 5 year lease option and a guaranteed net rent return of $16,503.71 per annum plus a 3% annual increase, all outgoing costs including body corporate fees, council rates, maintenance, furnishings and repairs are paid by the management with no further cost to the owners.
The population of Darwin City in 2016 was 6464 people. By 2021 the population was 7149 showing a population growth of 10.6% in the area during that time. The predominant age group in Darwin City is 20-29 years. Households in Darwin City are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Darwin City work in a professional occupation.In 2021, 22.10% of the homes in Darwin City were owner-occupied compared with 22.80% in 2016.
Darwin City has 5,315 properties. Over the last 5 years, Houses in Darwin City have seen a -5.59% decrease in median value, while Units have seen a 32.91% increase. As at 30 April 2026:
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