704/39 Cavenagh Street, Darwin City, NT 0800 sold on 28 July 2025 | OnTheHouse
SOLD
Sold on 28 Jul 2025 for $485,000

704/39 Cavenagh Street
Darwin City NT 0800

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 152m2
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Property Details for 704/39 Cavenagh St, Darwin City

704/39 Cavenagh St, Darwin City is a 3 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 152m2. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 3 bedroom Unit sold in Darwin City in the last 12 months.

Building Type
Unit
Land Size
152m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 8875/UTS2013/038

Last Listing description (August 2025)

For more property information text 704CAV to 0488 810 057

Investor alert Short-stay rental income approx. $8,000/month during peak season!

Perched on the top floor of the iconic Kube building, this THREE-bedroom apartment offers panoramic views across Darwin City and beyond. With a prime CBD location and unbeatable elevation, this property presents a golden opportunity for both lifestyle buyers and investors chasing strong returns.

Inside, the apartment features an open-plan layout with cool tiled floors and air conditioning throughout. The kitchen is both stylish and functional, complete with stone benchtops, quality Miele appliances, a dishwasher, and colourful splashbacks that add personality to the space.

All three bedrooms include built-in robes, and the master boasts its own ensuite along with direct access to the full-width balcony where you can soak up incredible city and rooftop views. The main bathroom is thoughtfully designed with generous storage, and there's also a separate internal laundry for added convenience.

The top-floor position not only maximises privacy and light but also elevates the appeal for short-stay guests. This apartment has been quoted to generate around $8,000/month during the dry season or can be leased at $720/week, offering a 7.5% gross yield.

Residents enjoy access to a secure entry system, a stunning in-ground pool, and an unbeatable location close to restaurants, shops, and Darwin's waterfront precinct.

Top Floor Position with Spectacular Views
Council Rates: Approx. $1,715 per annum
Area Under Title: 152m
Year Built: 2014
Zoning: CB (Central Business)
Status: Vacant Possession
Rental Estimate: Approx. $680 $720 per week
Body Corporate: North Management
Body Corporate Fees: Approx. $2,783 as of 31/07/25
Conveyancer: TBA
Settlement: 45 days or variation on request
Deposit: 10% or variation on request
Easements: As per title

Property History for 704/39 Cavenagh St, Darwin City, NT 0800

A timeline of how this property has performed in the market
Last Sold
$485,000
28 Jul 2025
  • 28 Jul 2025
    Sold for $485,000
  • 19 May 2025
    Listed for Sale SOLD
  • 18 Aug 2014
    Sold for $710,000
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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 5,303 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.
There are currently 44 properties listed for sale, and 50 properties listed for rent in Darwin city on OnTheHouse. According to Cotality's data, 376 properties were sold in the past 12 months in Darwin city.

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.