3043/55 Cavenagh Street, Darwin City, NT 0800 | Unit for sale | OnTheHouse
 
FOR SALE
Under Contract

3043/55 Cavenagh Street
Darwin City NT 0800

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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CHEAP Body Corp and High Return Holiday Investment

For more property information including body corporate and reports text 3043C to 0488 810 057
Located in the heart of the CBD – walking distance to major retailers and specialty shops along with transport and entertainment – this is a great home away from home or a holiday rental for the savvy investor.
Key investment information -
* Dual-key holiday investment property. Rooms 3043A and 3043B.
* Set and forget investment providing $17,839.51 Net income last FY.
* 6.0% Net Return on investment (ROI)
* Long term lease to Transmetro Hotels until 2027.
* Option for lease extension after 2027 (5+5 years)
* Price negotiable. Motivated interstate sellers.
* Cheap Body Corporate levies. Only $334 per quarter
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Property Details for 3043/55 Cavenagh St, Darwin City

3043/55 Cavenagh St, Darwin City is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The place is currently for sale with Real Estate Central.

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About Darwin City 0800

The population of Darwin City in 2016 was 6464 people. By 2021 the population was 7149 showing a population growth of 10.6% in the area during that time. The predominant age group in Darwin City is 20-29 years. Households in Darwin City are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Darwin City work in a professional occupation.In 2021, 22.10% of the homes in Darwin City were owner-occupied compared with 22.80% in 2016.

Darwin City has 5,313 properties. Over the last 5 years, Houses in Darwin City have seen a -6.99% decrease in median value, while Units have seen a 34.23% increase. As at 30 November 2025:

  • The median value for Houses in Darwin City is $466,226 while the median value for Units is $464,220.
  • Houses have a median rent of $650 while Units have a median rent of $630.
There are currently 66 properties listed for sale, and 70 properties listed for rent in Darwin city on OnTheHouse. According to Cotality's data, 370 properties were sold in the past 12 months in Darwin city.

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