OFF MARKET

19/21-23 Cavenagh Street
Darwin City NT 0800

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 93m2
Land area: 93m2
We do not have enough data to display the calculated estimate for this property.
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Property Details for 19/21-23 Cavenagh St, Darwin City

Building Type
Commercial
Floor Size
93m2
Land Size
93m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 5457/UP 97/023

Last Listing description (January 2015)

Perfect Position in Darwin CBD
Offering a fantastic opportunity to secure a commercial office space located on the ground level of the Metro Building, a floor to ceiling glass fa?ade enables this space to be transformed into a showroom or the next tenant can choose to continue with its current use. The space has been partitioned to present two offices, an entry/reception area and a store room.
A sleek and modern presentation from the arcade and a central location this property will be sure to please. The closest capital city to Asia; Darwin has been earmarked as the future link between Australia & South East Asia so this is an opportunity to secure an entry level commercial property in the heart of a bustling Darwin CBD .

There is no current tenancy in-place so the options are kept wide open for the new owners, this property can be viewed by appointment.

Property History for 19/21-23 Cavenagh St, Darwin City, NT 0800

A timeline of how this property has performed in the market
Last Sold
$152,500
27 Mar 2020
  • 27 Mar 2020
    Sold for $152,500
  • 12 Sep 2014
    Listed for Sale 345000
  • 28 Oct 2006
    Listed for Sale 220000 EXC GST

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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 5,326 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 82 properties listed for sale, and 68 properties listed for rent in Darwin city on OnTheHouse. According to CoreLogic's data, 297 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.