818/43B Knuckey Street DARWIN CITY NT 0800
Under Contract

DESCRIPTION

Located in the Mantra Pandanas complex which is a beautiful hotel and residential complex, this is a twin key property that includes a 1 bedroom unit and a separate studio each with their own secure access. This building is in the heart of the city and is only foot steps away from quality shopping, stylish caf�'s and restaurants. The Mantra building includes an air-conditioned reception area and a number of caf�'s, hair salons and other small businesses and occupants of the building have access to the hotel pool and gym.

From an investment point of view this property is a no-brainer. The Charles Darwin University City campus is now complete with students expecting to start studying early in 2025. There is a chronic shortage of accommodation suitable for students and this property is perfect for them. Less than 100m to the campus for school, walking distance for grocery shopping and plenty of small businesses nearby that may look at students as part time employees. This property accommodates two separate tenants and that will double your cash flow, with only one set of outgoings.

Complex features include:

* Resort swimming pool
* Air-conditioned gym
* Secure access to each floor
* Air-Conditioned lobby and reception area
* Shops and dining on the ground floor
* Car parks available for lease

From a live-in point of view, you may choose to live in one and rent out the other or buy it with a friend and occupy them both. The property is currently vacant and you can move straight in, or look at a traditional lease which we can help you with. Make contact for you viewing on this unique opportunity.
Zoning: CB - Central Business
Year Built: 2008
Area under title: 105m�
Easements: Nil on title
Body Corporate Manager: Whittles Body Corp
Body Corporate Fee: $2264 per quarter (approx)
Council Rates: $1715 per year (approx)
Status: Ready to move in.