FOR SALE
$550,000

39 Cavenagh Street
Darwin City NT 0800

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 125m2
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EXCELLENT RETURNS ON THIS BEAUTIFUL CITY APARTMENT

The Phone Code for this property is: 33249. Please quote this number when phoning or texting.
Unit 5/39 Cavenagh ST comes fully furnished and has always been used as an investment property since it was built in 2014. Our short term rental income averages out to $1,300 PW all expenses paid.
The apartment is a great size, comprising of 3 bedrooms with 3 x QS beds, aircon, bedside tables and the master has a TV, 2 bathrooms, laundry with washing machine and an open plan kitchen, dining and lounge room, the loungeroom has a 55inch TV, DVD blu ray player and a PS3 , there is a spacious balcony with outdoor setting an BBQ, the master bedroom has private access to the balcony.
We have an excellent storage room of approx. 6m deep x 1.2m wide x 5m high (the only one in the complex) we have 2 secure underground carparks (one has been rented out for the past 8years for $100 per FN)
The complex has an inground swimming pool and is located in the heart of the city, opposite the Post Office.
Disclaimer:
Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Property Details for 39 Cavenagh St, Darwin City

39 Cavenagh St, Darwin City is a 3 bedroom, 2 bathroom Apartment with 2 parking spaces. The property has a floor size of 125m2. The place is currently for sale with For Sale By Owner Australia Pty. Ltd..

Building Type
Apartment
Floor Size
125m2

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About Darwin City 0800

The population of Darwin City in 2011 was 4,545 people. By 2016 the population was 6,479 showing a population growth of 42.6% 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 2011, 26.6% of the homes in Darwin City were owner-occupied compared with 22.8% in 2016.

Darwin City has 5,324 properties. Over the last 5 years, Houses in Darwin City have seen a -4.37% decrease in median value, while Units have seen a 27.89% increase. As at 31 October 2024:

  • The median value for Houses in Darwin City is $484,197 while the median value for Units is $410,767.
  • Houses have a median rent of $590 while Units have a median rent of $600.
There are currently 83 properties listed for sale, and 66 properties listed for rent in Darwin city on OnTheHouse. According to CoreLogic's data, 299 properties were sold in the past 12 months in Darwin city.

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