2021/55 Cavenagh StreetDarwin NT 0800
Property Details for 2021/55 Cavenagh St, Darwin
Last Listing description (April 2023)
Looking for a smart investment opportunity that comes with no risk? Look no further than this stunning dual-key apartment!
Located in the heart of the city, this beautiful apartment is a great option for those looking for a low-risk investment opportunity. The apartment is fully furnished and leased on a long term basis to Metro Hotels, making it an ideal option for those looking for a hassle-free investment.
Featuring modern design and top-quality finishes, this apartment is sure to impress. The living area is spacious and bright, offering plenty of natural light and beautiful city views. The kitchen is fully equipped with high-end appliances and plenty of storage space, making it easy for tenants to whip up their favourite meals.
The apartment boasts two comfortable rooms, each with its own bedrooms, ensuite bathroom, kitchen/kitchenette and balcony. Both bedrooms feature plush beds, soft linens, and ample closet space, making them the perfect retreats for a good night's sleep.
One of the best features of this apartment is its location. Situated in a sought-after area of the city, the apartment is just a short walk away from popular restaurants, shops, and entertainment venues, making it an attractive option for tenants.
Features Include:
* Dual key apartment option for a one bedroom apartment or two!
* Furniture owned and maintained by the hotel
* Modern & neat living
* Air conditioned throughout
* Pool located in complex
* Set & forget investment!
Investing in this apartment is a no-brainer. With its excellent location, high-end finishes, and hassle-free rental potential, you can enjoy a steady stream of rental income with no risk. Don't miss out on this incredible investment opportunity!
Year Built: 2004
Area on Title: 101m2
Body Corp Manager: Metro Hotels
Body Corp Fees: Paid by Metro Hotels minus sinking fund
Council Rates: Approx $1700pa
Property Status: Leased at approx. $1351.00 per month, reviewed yearly
Property History for 2021/55 Cavenagh St, Darwin, NT 0800
- 28 Sep 2023Sold for $265,000
- 17 Apr 2023Listed for Sale $265,000
- 17 Sep 2021Sold for $300,000
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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 714 properties. Over the last 5 years, Houses in Darwin have seen a 18.87% increase in median value, while Units have seen a 58.38% increase. As at 31 October 2024:
- The median value for Houses in Darwin is $630,172 while the median value for Units is $454,940.
- Units have a median rent of $610.
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