Unit 224 at 90 Esplanade (Mantra on the Esplanade) in Darwin City is a prime, fully furnished dual-key apartment. It typically comprises a studio hotel room and a one-bedroom apartment under a single title. This setup provides two income streams and is highly popular for short-stay holiday rentals.

Property Features

• Layout: Dual-key design (combines a studio and a 1-bedroom apartment, usually on one title)
• Capacity: 2 Bedrooms, 2 Bathrooms, and a balcony
• Area: Approximately 86–99 m² under title
• Condition: Sold fully furnished and maintained by the onsite management group
• Complex Amenities: Access to a resort-style swimming pool, spa, and Mantra hotel facilities

Location & Lifestyle

• View: Overlooks the stunning Darwin Harbour and surrounding lush parklands
• Proximity: Walking distance to the Mitchell Street entertainment district, Deckchair Cinema, Parliament House, and Bicentennial Park

Investment & Market Data

• Usage: Primarily geared toward investors for short-stay accommodation (e.g., Airbnb, Mantra pool)
• Returns: Historically known for strong, hands-off net returns (often 6% to 10% ROI depending on the management agreement)
• Price Guide: Similar units in the complex typically transact within the $250,000 to $330,000 price range, depending on renovations and market conditions.