54/39 Cavenagh StreetDarwin City NT 0800
Property Details for 54/39 Cavenagh St, Darwin City
54/39 Cavenagh St, Darwin City is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 141m2 and floor size of 103m2.
Last Listing description (June 2022)
VACANT POSSESSION - AVAILABLE NOW!!
Rock solid opportunities like this do no present themselves every day so if you are looking get out of the rental cycle, add to your portfolio, or this is you first time investing, look no further. Perched on the 6th floor of the iconic Kube Building is this contemporary and sleek three bedroom apartment with a fantastic rental return. The apartment comes fully furnished and equipped so all you need to do is sit back and relax while your investment pays for itself and the capital gains increase in this dynamic Darwin market.
The apartment is fresh, bold and the floor plan is considered placing the bedrooms away from the living area and each other. The open plan living area leads to the generous balcony which enjoys city views and a glimpse of the sea adding to the overall living space considerably. The kitchen is a statement piece with its sleek white cabinetry, bold colourful splashback and black benchtops. Abundant storage and plenty of prep space make the space as practical is it is beautiful. The bedrooms generous with the master occupying its own wing of the apartment including a large ensuite, built in robes and access to the balcony. The other bedrooms also have built in robes and is located next to the main bathroom; an internal laundry completes the apartment.
Features for Consideration:
Owner Occupier or Investment Opportunity in City Centre
Three Bedroom, Two Bathroom
Open Plan Living with Generous Balcony and sweeping views
One Allocated Car Space & Lockable Storage Cage
Secure complex, Video Intercom Access
Two Lifts - Security access to Own Levels
Internal 14m Lap Pool
Fully Equipped Gymnasium
With the ground-breaking Charles Darwin University (CDU) Education and Community Precinct being built on the doorstep it is safe to say there will never be a shortage of willing tenants making it the perfect long term investment property. Of course you may make this your home after the initial tenancy or it would also make a fantastic Air BNB (estimated $300-400 p/night) if that was your preference; no matter what you decide to do in the future the decision you make right now is the one that will secure it. Make the call today.
Council Rates: Approx. $1,470 per annum
Area Under Title: 137 sqm
Zoning: CB (Central Business)
Status: Vacant Possession
Rental Return Estimate: $600 per week
Air BnB Return Estimate: $300-400 p/night
Body Corporate: North Management
Body Corporate Levies: Approx. $1,750 per quarter
Settlement period: 45 Days
Deposit: 10% or variation on request
Easements as per title: (none found)
Property History for 54/39 Cavenagh St, Darwin City, NT 0800
- 17 Sep 2021Listed for Sale SOLD
- 06 Nov 2018Listed for Rent - Price not available
- 21 Sep 2015Listed for Rent - Price not available
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 5,317 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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