City Centre Lifestyle with excellent investment potential of $700 per week, great sea and city views with two apartments on one title providing multi uses for essentially the price of one - how good is that?
Ideal for investors, or for students as the home is just a 3-minute walk to the new Charles Darwin University with many students from overseas, inter and intrastate attending there. Also, an ideal starter home, or for couples wanting a very quiet, secure home in the heart of the city within walking distant to just about anything worthwhile.
Located on the 7th floor of the prestigious Mantra Pandanas these two stylish, modern fully furnished apartments provide city living at its best. Both are beautifully presented and fully equipped with quality fittings and furniture. The apartment is designed to have either two separate homes or combine for one bigger family as required. Alternatively, live in one and enjoy an income by renting the other.
One is a one-bedroom apartment including a stylish kitchen with bench top, stainless steel appliances and dishwasher. The other is a spacious self-contained bed-sitter with a kitchenette. There's a short private entrance corridor connecting both apartments with separate entrance doors - refer to the floorplan.
There's also a very private balcony to relax and soak up the wonderful views and sea breezes.
The property is currently leased by the Mantra holiday resorts group with 90 days' notice to vacate - refer the agent for full details.
The building includes a huge tropical resort style pool with waterfall, gymnasium, a caf, and a restaurant for alternative dining.
Although there is no allocated parking included, secure in-house parking is available at $34.50 per week. But due to its central city address with vast employment and amenities, many people do not require parking. Hence the reduced capital outlay with this purchase.
Property Features Include:
Two stylish apartments on one title in the heart of Darwin City
$700per week current rental estimate
3-minute walk to university - ideal student accommodation
Flexible owner occupancy or private leasing alternatives
Ideal as first home for singles or couples or 2nd home second home for regular visitors to Darwin
Balcony to enjoy the great views, sea breezes & city atmosphere
Fully self-contained and equipped with excellent dcor, stylish furniture, fittings & fully air-conditioned
Huge Pool, waterfall, spa & gymnasium in wonderful entertainment precinct
Excellent in-house restaurant and separate day caf
Short walk to full city life, near entertainment, boutique shopping, and waterfront precinct - a must inspect for all buyers!
Secure, in-house parking available at $34.50 per week
Body Corporate: $2,255.05 p/q
Council Rates: $439 p/q (Approx)
Year Built: 2008
Property on Title: 105sqm
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 5,314 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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