60/39 Cavenagh StreetDarwin City NT 0800
Property Details for 60/39 Cavenagh St, Darwin City
60/39 Cavenagh St, Darwin City is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2014. The property has a land size of 128m2 and floor size of 84m2.
Last Listing description (December 2021)
Text '60CAV' to 0472 880 252 for all property information.
Rock solid investment opportunities like this do no present themselves every day so if you are looking to add to your portfolio, or this is you first time investing, look no further. Perched on the 7th floor of the iconic Kube Building is this contemporary and sleek two bedroom apartment with a qualified tenant set to commence a 12 month lease. 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 red splashback and black benchtops. Abundant storage and plenty of prep space make the space as practical is it is beautiful. The bedrooms are both 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 bedroom also has built in robes and is located next to the main bathroom; an internal laundry completes the apartment.
Features for Consideration:
Investment Opportunity in City Centre
Two Bedroom, Two Bathroom
Open Plan Living with Generous Balcony
Two Allocated Car Spaces & Lockable Storage Cage
Secure complex, Video Intercom Access
Two Lifts - Security access to Own Levels
Internal 14m Lap Pool
Fully Equipped Gymnasium
Currently Leased Until June 2022
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 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: 128 sqm
Zoning: CB (Central Business)
Status: Tenanted 23rd June 2022
Rental return: $500 per week
Management: Real Estate Central Property Management
Body Corporate: North Management
Body Corporate Levies: Approx $1,565 per quarter
Vendors Conveyancer: TBC
Settlement period: 45 Days
Deposit: 10% or variation on request
Easements as per title: (none found)
Property History for 60/39 Cavenagh St, Darwin City, NT 0800
- 24 Jun 2021Listed for Sale For Sale
- 21 Oct 2016Listed for Rent - Price not available
- 12 Jan 2016Listed 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 5,302 properties. Over the last 5 years, Houses in Darwin City have seen a -11.90% decrease in median value, while Units have seen a 39.23% increase. As at 31 January 2026:
- The median value for Houses in Darwin City is $473,056 while the median value for Units is $472,893.
- Houses have a median rent of $650 while Units have a median rent of $645.
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