Property Details for 2034/55 Cavenagh St, Darwin City
2034/55 Cavenagh St, Darwin City is a 1 bedroom, 1 bathroom Unit with 1 parking spaces.
Last Listing description (March 2024)
Currently leased to the Metro Hotel for the next 5 years with two further 5 year options for renew.
Positioned on the second floor this one bedroom apartment boasts a generouse kitchenette featuring a full sized oven and cooktop, ample cupboard space, quality stainless steel appliances including dishwasher. One generous sized bedroom with seperate bathroom and laundry combinaion. If you are looking for a set and forget investment this one is for you!
Features Include:
Modern main bathroom
Generous sized bedroom
Split-system air conditioning throughout
Pool in popular city centre apartment complex
Furniture is owned by hotel
Ideally set in the popular Metro Apartments complex, walking distance to a huge range of bars, restaurants and cafes in the heart of the city.
Year Built: 2004
Area under title: 71m
Body Corporate Manager: Network pacific
Body Corp Admin Fund: Paid by Metro Hotel under current lease
Body Corp Sinking Fund: $974 Approx per annum
Council Rates: $1,700 Approx per annum
Status: Leased at $11,104 Approx per annum until Jan 2027 with two further 5 year terms
Property History for 2034/55 Cavenagh St, Darwin City, NT 0800
- 27 Sep 2023Listed for Sale $185,000
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 5,318 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:
- The median value for Houses in Darwin City is $524,623 while the median value for Units is $495,876.
- Houses have a median rent of $750 while Units have a median rent of $650.
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