1009/55 Cavenagh StreetDarwin NT 0800
Property Details for 1009/55 Cavenagh St, Darwin
1009/55 Cavenagh St, Darwin is a 2 bedroom, 2 bathroom Unit and was built in 2004. The property has a land size of 95m2 and floor size of 77m2.
Last Listing description (July 2022)
Currently leased to the Metro Hotel for the next 5 years with options for renew.
Positioned on the first floor this two bedroom apartment boasts a full-sized kitchen featuring a high breakfast bar, ample bench and cupboard space including a generous pantry, and quality stainless steel appliances including a dishwasher. Two generous sized bedrooms with walk in robe and ensuite to the main. If you are looking for a set and forget investment this one is for you!
Features Include:
Kitchen off living/dining area with s/steel appliances
Modern main bathroom
Generous sized bedrooms
Split-system air conditioning throughout
Pool in popular city centre apartment complex
Furniture is owned by hotel
Ideally set in the popular Metro Apartments complex, walking distance to a huge range of bars, restaurants and cafes in the heart of the city. The new $220 Million Charles Darwin University campus that is currently under construction will be only approximately 100 meters away.
Year Built: 2004
Area under title: 95m
Body Corporate Manager: Network pacific
Body Corp Admin Fund: Paid by Metro Hotel under current lease
Body Corp Sinking Fund: $644.00 (approx) per annum
Council Rates: $1,550 (approx) per year
Status: Leased at $1,144.57 p/month until Jan 2027
Property History for 1009/55 Cavenagh St, Darwin, NT 0800
- 18 Feb 2022Listed for Sale $269,000
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0About Darwin 0800
The size of Darwin is approximately 2.6 square kilometres. It has 15 parks covering nearly 12.9% of total area. The population of Darwin 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 is 20-29 years. Households in Darwin are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Darwin work in a professional occupation. In 2011, 26.6% of the homes in Darwin were owner-occupied compared with 22.8% in 2016..
Darwin has 696 properties. Over the last 5 years, Houses in Darwin have seen a 18.87% increase in median value, while Units have seen a 14.48% increase. As at 31 July 2024:
- The median value for Houses in Darwin is $793,127 while the median value for Units is $338,637.
- Units have a median rent of $645.
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