2020/55 Cavenagh St, Darwin City is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2004. The property has a land size of 100m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in March 2011.
This magnificent modern serviced apartment is a rare find giving the lucky investor the option for dual occupancy to live in and lease the separate room to a tenant or rent out both privately. If you're looking for a guaranteed rental return you can lease the property back to the management team of the Quality Advance Apartments on a 19 year leasing option. The choice is yours!What we love about this home:andbull; Spacious open plan living/dining areaandbull; Great sized bedroom with mirrored robes and split system air conditioningandbull; Full kitchen amenities feature integrated oven, cooktop, stainless steel dishwasher, servery, large pantry and top and bottom cupboards and drawersandbull; Stylish modern bathroom with floor to ceiling tiles, vanity and shower and bathandbull; Fully furnished throughoutandbull; Private balcony with views towards the Frog Hollow parklandsandbull; Sparkling resort style pool with relaxing entertaining areaandbull; Well-staffed reception area, conference facilities and 24/7 onsite managersandbull; Vast array of cable TV channels, NBN WiFi and internal laundry facilitiesLocated in the heart of Darwin this ideal investment option provides a perfect low maintenance lifestyle, strolling distance to every City restaurant, cafe, cinema, gyms and every CBD workplace. Currently on a lease, 2020A expiring 18/02/2020 at $340.00 p/w and 2020B expiring 02/06/2020 at $300.00 p/w.Elders will be practicing all required safety measures during an inspection and where possible will provide gloves and hand sanitiser.
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 -5.59% decrease in median value, while Units have seen a 32.91% increase. As at 30 April 2026:
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