1114/43B Knuckey Street, Darwin City, NT 0800

Located in the Mantra Pandanas complex which is a beautiful hotel and residential complex this property is ideal for the investor or the owner occupier looking to live in the center of the city. This building is located in the heart of the city and is only foot steps away from quality shopping, stylish café's and restaurants. The Mantra building includes an air-conditioned reception area and a number of café'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 is the hotel that everyone wants to stay at, ensuring constant returns. From a live-in point of view, this unit can provide a lifestyle which is almost unattainable in this price range. The property is being sold furnished so you can continue on as an investor in the Hotel management pool with no interruptions, or move in with the property set up and ready to go.

Complex features include:

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

The new Charles Darwin University city campus is being constructed approximately 150m away and should be completed in the next 6 – 8 months and will increase accommodation demand in the immediate area. In addition to CDU, recent approvals for gas extraction, the defense build up and a number of other projects are driving increasing demand for accommodation. This purchase is a no brainer, make contact today for a viewing.

Zoning: CB - Central Business
Year Built: 2008
Area under title: 65m²
Easements: Nil on title
Body Corporate Manager: Whittles Body Corporate
Body Corporate Fee: $1,679.99 per quarter (approx)
Council Rates: $1,650 per year (approx)