Property Specifics:
Year Built: 2014
Council Rates: Approx. $2,397 per year
Area Under Title: 113 square metres
Rental Estimate: Approx. $550 - $580 per week (for each 1-bed unit)
Body Corporate: Castle Real Estate
Body Corporate Levies: Approx. $1,997 per quarter
Pet friendly: Not Allowed
Vendor's Conveyancer: Tschirpig Conveyancing
Preferred Settlement Period: 30-45 days from the contract date
Preferred Deposit: 10%
Easements as per title: None found
Zoning: CB (Central Business)
Status: Hotel Let
Offering a sensational opportunity to invest in an incredible location, this dual-key property sets you up for success with its sparkling water views, low-maintenance appeal and access to a stunning suite of amenities, including Darwin's only hotel rooftop cocktail bar with panoramic views.
- Dual-key apartment on level five of Ramada Suites Zen Quarter
- Interconnecting studio apartments, each with a kitchen & bathroom
- 2 units, one title with one set of rates and levies.
- Idea for both investors or owner occupiers, live in one, rent/hotel let the other
- Clean, modern finishes and superb views over city and harbour
- Currently ranked among the top 5 hotels in Darwin on TripAdvisor
- Fully furnished and equipped to live in or rent out via the hotel accommodation pool
- Alternatively, rent out units together or separately with Airbnb approval
- Resort-style pool, equipped gym, function room, a la carte Horizen Café
- Fabulous rooftop cocktail bar and lounge offering breathtaking views
- Secure undercover parking, 24-hour reception, hotel laundry service
- Walk to CBD and Waterfront Precinct for dining, shopping, entertainment
Investor Appeal - Double Income, Single Title:
Two income streams, one set of rates. Maximise rental returns with dual occupancy on a single title. Live in one, rent the other, perfect for investors wanting flexibility or to reduce mortgage repayments. Strong yield potential, appeal to both long-term renters and short-stay/holiday markets. Low-maintenance investment, modern design means minimal upkeep and maximum return.
Multigenerational Living & Lifestyle Versatility:
Ideal for multigenerational living, separate spaces for extended family, guests, or adult children. Privacy without distance - independent entries and living zones keep everyone close yet self-contained. Future-proof your living, downsize into one side later while renting or hosting family in the other. Work-from-home, on one side functions beautifully as a home office or studio with its own entrance.
Fully furnished, fully equipped and ready to hit the rental market, this interconnecting studio and one-bedroom apartment is absolutely perfect both for city professionals and investors looking to tap into the lucrative leisure and business travel market in this enviable CBD location.
Offering dual-key access, the property can either be utilised separately or together, with each unit completely self-contained. Attractively furnished to deliver blank canvas looks, modern design and sophisticated finishes, everything feels inviting, effortless and endlessly relaxed.
Starting in unit 516, the studio, you find an open space for sleeping, dining and living, accentuated by the same neutral palette and crisply tiled floors as its neighbouring unit. It also provides an impressive amount of built-in storage and a natural flow outdoors.
Framing up sparkling views over the hotel's pool toward the beautiful harbour beyond, this alfresco space is ideal for outdoor entertaining, capturing cooling coastal breezes and feeling nicely removed from the bustle of Darwin's busy city streets.
Back inside, the quality continues in the fully equipped kitchen, complete with modern appliances, stone surfaces and ample storage. Adding further functional appeal is an accessible bathroom and split-system air conditioning.
Next door in unit 515, the setup is slightly different as this unit has been made accessible for the disabled. Here you'll find an extra-large bathroom with handy rails, a more open-plan living/dining and bedroom, plus small ramps on the balcony entrance for easy and smooth access. Few homes offer both independent living and full accessibility on the same property. Future buyers can adapt for care workers, guests or Airbnb stays with ease.
With its spectacular outlook, the hotel's rooftop cocktail bar and lounge will be a sure-fire hit, as will the superb resort-style pool, function room, kids' play area, modern gym and secure parking.
With the option to live in all or part of the apartment, rent it out or keep it in the hotel pool with Ramada suites, there is so much versatility and potential here, you absolutely do not want to miss out!
To arrange a private inspection or make an offer on this property, please contact Emily Sara 0410 963 520 or Elissa Riddell 0428 932 828
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