1015/55 Cavenagh StreetDarwin City NT 0800
Property Details for 1015/55 Cavenagh St, Darwin City
1015/55 Cavenagh St, Darwin City is a 3 bedroom, 2 bathroom Unit. The property has a land size of 134m2. While the property is not currently for sale or for rent, it was last sold in August 2013.
Last Listing description (September 2021)
Currently leased out on a long term arrangement with reliable tenants Metro Advance Apartments Hotel Darwin and generating $19,869.61per annum approximately, this is an opportunity not to be missed.
The apartment offers three bedrooms, featuring a huge open-plan living and dining area, with a state-of-the-art adjoining kitchen.
This established apartment is truly exceptional, offering hotel-standard facilities of on-site building management and a fully-equipped gym and direct access from apartment to the pool.
A serviced apartment lease is tied to the property offering an investor with a peace of mind investment.
Lease terms are at 5 years with 3 options once the current term ends on 7th January 2022. Rental increases are determined by CPI annually.
Property History for 1015/55 Cavenagh St, Darwin City, NT 0800
- 09 Apr 2019Listed for Sale $400,000+
- 22 Aug 2013Sold for $523,000
Recent sales nearby
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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 5,301 properties. Over the last 5 years, Houses in Darwin City have seen a -11.90% decrease in median value, while Units have seen a 39.23% increase. As at 31 January 2026:
- The median value for Houses in Darwin City is $473,056 while the median value for Units is $472,893.
- Houses have a median rent of $650 while Units have a median rent of $645.
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