Project Marketing for sale

DUAL KEY UNIT ON THE ESPLANADE - DARWIN

DUAL KEY UNIT ON THE ESPLANADE - DARWIN
Property Type: Project Marketing Ref: PM000862
Region: NT - North  
Suburb: Darwin  
Sale Type: Project Marketing  
Price: $377,500  
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Darwin is famous for its cosmopolitan lifestyle and friendly atmosphere.  A tropical vibrant city that boasts the best that outdoor living has to offer. 

Known as the “Gateway to Asia”, Darwin is located in a prime position close to all major Asian Cities.  Jetstar operates out of Darwin, making regular daily flights to popular destinations throughout Asia.  As a result, in some instances, over night stays in Darwin are necessary which has increased the demand for more rooms in this vibrant city.

Mantra on the Esplanade offers guests an unrivalled location near Darwin Harbour and the convenience of close proximity to Darwin’s CBD. The 4 star property boasts panoramic views across the harbour, out to the Arafura Sea and presents the ideal vantage point from which to experience a famous Northern Territory sunset.

This dual key unit must be sold with a guaranteed rental PCM of $1809.25 with no outgoings; showing a 5.75% return on investment.  This property has a long lease available with 11 years to run and a guaranteed yearly increase of 3%, which is due in January 2009.
Unit 401 -  One bedroom unit with Kitchen, Lounge and Bathroom
Unit 402 – Studio Room with Lounge and Bathroom