OFF MARKET

11/21 Cavenagh Street
Darwin City NT 0800

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 40m2
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Property Details for 11/21 Cavenagh St, Darwin City

Building Type
Commercial
Land Size
40m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 5457/UP 97/023

Last Listing description (April 2019)

This commercial unit offers a purchaser, or lessee, the opportunity to utilise approx. 42sqm in total of office accommodation.

Located in the popular metro building at 21 Cavenagh Street this tenancy offers an open office area plus kitchenette facilities.


The glass frontage of the tenancy offers good natural light and ample opportunity to sign write with your business logo.

This tenancy is keenly priced for Sale at $108,000.00 + GST. For lease at $8,000 per annum + GST and outgoing

Body Corporate fees: approx. $649 per quarter = $2,596 per annum.
Council Rates: approx. $340 per quarter = $1,360 per annum.

Property History for 11/21 Cavenagh St, Darwin City, NT 0800

A timeline of how this property has performed in the market
Last Sold
$90,000
16 Sep 2022
Listed for Rent
$2.28k/w
07 Jan 2019
  • 16 Sep 2022
    Sold for $90,000
  • 30 Apr 2019
    Sold for $85,000
  • 16 Apr 2019
    Listed for Sale For Sale at $108,000 + GST and for lease
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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 5,328 properties. Over the last 5 years, Houses in Darwin City have seen a 12.95% increase in median value, while Units have seen a 22.09% increase. As at 30 September 2024:

  • The median value for Houses in Darwin City is $543,443 while the median value for Units is $419,217.
  • Houses have a median rent of $600 while Units have a median rent of $600.
There are currently 79 properties listed for sale, and 64 properties listed for rent in Darwin city on OnTheHouse. According to CoreLogic's data, 291 properties were sold in the past 12 months in Darwin city.

Suburb Insights for Darwin City 0800

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.