85/21 Cavenagh Street, Darwin City, NT 0800

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Sold for $140,000 (Jun 30, 2022)

Above 10% Gross Yield


    Enjoy being in the heart of Darwin’s vibrant CBD in this light-filled studio apartment. This is low maintenance living at its finest and is perfectly situated in close walking proximity to renowned shops, bars and restaurants. Being located within a complex equipped with elevator access to the floor and private parking, you’ll love the simplicity and security of your surroundings. This space will be perfect for professional singles, couples or investors alike.

    Upon entry, you are greeted by the open plan living and dining area with the kitchen amenities along the wall. Functionality of space has been thought through with a doorway taking you through to the bedroom. Enjoy the convenience of built-in robes and an open bathroom with a corner shower-bath. Tucked away there is a separate toilet paired with the laundry.

    Open the doors to the balcony and enjoy the beautiful breeze with the lively city atmosphere.

    What we love:

    - Split-system air-conditioner and ceiling fans

    - Electric cooktop with plenty of overhead storage

    - Shower over large corner spa bath

    - Separate internal laundry

    - Open plan tiled living/dining

    - Wall -to-wall built-in robe

    About the property:

    - Area Under Title: 52 square metres (approx.)

    - Status: Fixed lease for $270 p/w ending 28th August 2022

    - Council Rates: $1,550 per annum (approx.)

    - Body Corporate: Altitude Body Corporate

    - Body Corporate Levies: $978.84 per quarter

    Call 0497 446 018 to organise an inspection today!

Sales Associate to the General Manager
General Manager

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Property Info:
  • Property ID: L16025720
  • Property Type: Studio
  • Building / Floor Area: 52 sqm
  • Garages: 1
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R&H Suburb Profile: Darwin City

R&H Suburb Summary Houses
Number of sales 10
Average Price $571,850
Median Price $455,000
Median Rental Price $595 p.w.
Change in Rental Rate (5yr) 1 %
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Number of sales 244
Average Price $473,776
Median Price $425,000
Median Rental Price $590 p.w.
Change in Rental Rate (5yr) 18 %