3056/55 Cavenagh St, Darwin City is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a land size of 100m2. While the property is not currently for sale or for rent, it was last sold in December 2010.
Currently leased by Metro Hotel until January 2027 with additional 5-year options for renew.
Positioned on the top floor is this fantastic dual key apartment consisting of a 1 bedroom apartment with its own balcony and a studio apartment which can be connected via an internal lockable door potentially creating a 2 bedroom apartment. With the long-term lease in place this property is the perfect set and forget investment.
Features Include:
Dual key consisting of a one-bedroom apartment and studio on the one title
Modern bathrooms
Generous sized bedrooms
Split-system air conditioning throughout
Pool in popular city centre apartment complex
Furniture is owned by hotel
Annual CPI rent reviews
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: 100m
Body Corporate Manager: Network pacific
Body Corp Admin Fund: Paid by Metro Hotel under current lease
Council Rates: $1,550 (approx) per year
Status: Leased at approx. $1,413 p/month until Jan 2027
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 5,306 properties. Over the last 5 years, Houses in Darwin City have seen a 3.30% increase in median value, while Units have seen a 32.43% increase. As at 31 May 2026:
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