37/39 Cavenagh StreetDarwin City NT 0800
Property Details for 37/39 Cavenagh St, Darwin City
37/39 Cavenagh St, Darwin City is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2014. The property has a land size of 153m2 and floor size of 111m2.
Last Listing description (December 2024)
The iconic Kube complex is located across from the Darwin GPO and is practically the geographical center of the Darwin CBD. In addition, the Charles Darwin University's new campus is currently under construction and is less than 50m away from this building. You can see the new campus from the balcony, as well as the Mantra Pandanus building, the city views from this property are quite nice.
Due to open its doors in the next few months, the university is expecting thousands of international students through its doors creating a fantastic opportunity for owners in this building. Rental prices are expected to increase once the university is accepting students as no new student accommodation has been constructed to service the increase in demand. The value of this building will certainly benefit from lack of accommodation in the area. University aside, the convenience of this location should not be understated as it is only a short walk to caf's, restaurants, entertainment, retail and employment opportunities.
Inside the complex is a gym with views to the street, and an indoor pool to prevent sunburn for those extended sessions in the water. Parking is in a secure basement with lift access to your floor. The Kube is one of the more recently constructed complexes and as such includes modern finishes and includes large polished tiles, stone bench tops and an open plan layout incorporating the kitchen, living and dining area.
Features include:
* Secure basement parking for 2 cars
* City Views from the balcony
* Open plan living and dining
* Pool and Gym in the complex
* Secure complex with Air Conditioned lobby
* Polished tiles and stone bench tops
* Ensuite off the main bedroom
* Convenient central CBD location
* High returns for investors
If you are looking for a modern property right in the heart of the city, that is well located for easy access to caf's, bars and restaurants with the capital growth potential of being located right next to a major university campus then look no further. This property is available for owner occupiers looking to move right in and enjoy the city lifestyle, or we have tenants waiting if you are looking to invest.
Year built: 2013
Area under Title: 127m (approx)
Planning Zone: CB - Central Business
Easements: Nil on title
Council Rates: $1,660 per year (approx)
Body Corp Manager: North Management
Body Corp Fees: $2,185 per quarter (approx)
Status: Ready to move in
Rental Appraisal: $650 - $700 per week
Property History for 37/39 Cavenagh St, Darwin City, NT 0800
- 09 Jul 2024Listed for Sale Under Contract
- 12 May 2020Listed for Rent $480 / week
- 15 Mar 2018Listed for Rent $550 / week
Recent sales nearby
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0About 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 5,306 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:
- The median value for Houses in Darwin City is $643,251 while the median value for Units is $503,237.
- Houses have a median rent of $750 while Units have a median rent of $650.
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