OFF MARKET

704/90 Esplanade
Darwin City NT 0800

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 53m2
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Property Details for 704/90 Esplanade, Darwin City

704/90 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 53m2. While the property is not currently for sale or for rent, it was last sold in October 2003.

Building Type
Unit
Year Built
2001
Land Size
53m2
Local Government
Darwin

Last Listing description (May 2015)

This delightful serviced apartment in the prestigious Mantra Hotel chain, with a secure lease until February 2017 (plus a further 2 x 5 year lease option), is a fantastic investment for an astute investor looking for a hassle free investment.
With a guaranteed net income of $1,608.13 per month plus a yearly rental increase of 3% and all outgoing costs such as rates, body corporate fees, maintenance, furnishings and refurbishments paid by the Mantra Management Group, this is a rare offering not to be missed.
Positioned on the 7th floor with panoramic city views, the apartment features one bedroom, open plan living and dining, well-appointed kitchenette and a breezy balcony.

Don't let this unique opportunity slip by to add a valuable piece of real estate to your investment portfolio!

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Property History for 704/90 Esplanade, Darwin City, NT 0800

A timeline of how this property has performed in the market
Last Sold
$201,185
29 Oct 2003
  • 01 Apr 2015
    Listed for Sale $320,000
  • 29 Oct 2003
    Sold for $201,185

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About Darwin City 0800

The population of Darwin City in 2011 was 4,545 people. By 2016 the population was 6,479 showing a population growth of 42.6% 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 2011, 26.6% of the homes in Darwin City were owner-occupied compared with 22.8% in 2016.

Darwin City has 5,363 properties. Over the last 5 years, Houses in Darwin City have seen a -4.66% decrease in median value, while Units have seen a 28.59% increase. As at 31 January 2025:

  • The median value for Houses in Darwin City is $449,291 while the median value for Units is $399,964.
  • Houses have a median rent of $585 while Units have a median rent of $600.
There are currently 80 properties listed for sale, and 63 properties listed for rent in Darwin city on OnTheHouse. According to CoreLogic's data, 321 properties were sold in the past 12 months in Darwin city.

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