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.
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
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 5,318 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:
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