Level 3, 62/21 Cavenagh Street, Darwin City, NT 0800

Delivering on convenience and location, this tenanted studio-style apartment is an amazing find for investors seeking an effortless set-and-forget or for owner occupiers looking for their very own lock-up-and-go in the heart of Darwin City.

With a tenant already in place, this superbly situated studio apartment offers endless appeal for the astute investor, creating an excellent opportunity to enjoy instant return on investment.

Designed to offer effortless everyday living in an enviable CBD setting, the apartment boasts a perfectly practical layout where low maintenance is a key feature.

There is great separation between living and sleeping. Upon walking in, you are greeted by a lovely little living area, with space for lounging, dining and cooking, while past the divider, you have your bedroom, which in turn, extends out to your balcony. A corner spa bath centers the space, plus you have added functionality in a wall of built-in robes, an enclosed toilet, along with a separate Euro laundry and a linen press. Sliding glass doors open up onto your balcony, perfect for catching passing Dry Season breezes, plus there is split system air-conditioning inside to assist with warmer Wet Season days.

Its floors are tiled, its palette is neutral, and its floorplan is easy on the upkeep. Overall, it's neatly presented, allowing you to continue to rent it out without lifting a finger.

Completing the package, this little gem sits on level 3 within a secure complex offering lift access and intercom facilities - all within close proximity to an array of cafes, bars, restaurants, shops, entertainment and transport only a short stroll away.

Property Highlights:

• Neatly presented on level 3 with lift access and intercom facilities in the heart of Darwin City

• Low maintenance layout with separation between sleep and living spaces

• Open plan kitchen, dining and living area greets you as you walk in

• Tidy kitchenette conveniently positioned along one side of living area

• Walk through to a spacious bedroom area with a wall of built-in storage

• Large corner spa bath features handy shower combo above

• Sleep space opens out to balcony offering city views

• Tiled with air-conditioning throughout - ensuring comfort, convenience and easy maintenance.

• Enclosed toilet, separate laundry and linen press add further functionality

Nearby Amenities:

• Smith Street Mall

• Mitchell Street Darwin

• Darwin Waterfront

• Gardens Golf Course

• Mindle Beach Casino

• Charles Darwin University City Campus

• General Post Office

• GP Facilities

These nearby locations offer a perfect blend of convenience, education, dining, and entertainment, ensuring that you can enjoy the best of Darwin City living right from your doorstep and beyond.

Year Built: 1997

Rental Income: $285 per week until Jan 2026

Updated Rental Appraisal: $300-$320 per week approx.

Body Corporate Fees: $1155 per quarter approx.

Council Rates: $1758 per annum approx.

Contact Brandon, from Raine & Horne Darwin, now for more information.