OFF MARKET

2/21-23 Cavenagh Street
Darwin City NT 0800

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 54m2
Land area: 58m2
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Property Details for 2/21-23 Cavenagh St, Darwin City

Building Type
Commercial
Year Built
1997
Floor Size
54m2
Land Size
58m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 5457/LTO96/077

Last Listing description (June 2022)

Whats your point of difference? Every successful, and memorable, business has one, so why not let yours shine in this fantastic commercial space on bustling Cavanagh Street.
Stand out from the crowd in this fantastic office space in the heart of the city. Featuring a mixture of warm earthy tones, timber flooring, mini orb and exposed grated steel ceilings, the space is welcoming with a contemporary industrial edge.

Ground Floor Commercial Suite in the Metro Complex
Open Plan Area Plus Two Partitioned Office Spaces
Light Filled Reception Area Glass Fronted to Cavanagh & Mall
Good Size Kitchen/Staff Area
Air Conditioned Throughout
Double Foot Traffic - Access via Cavanagh Street & Mall
Suit A Myriad of Business Models

Council Rates: $1,550 per annum (approx.)
Area Under Title: 58 Square Metres
Zoning: CB (Central Business)
Status: Tenanted at $450 per week
Body Corporate: Altitude Body Corporate
Body Corporate Levies: $1,450 per quarter (approx.)

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Property History for 2/21-23 Cavenagh St, Darwin City, NT 0800

A timeline of how this property has performed in the market
Last Sold
$333,800
10 May 2022
  • 10 May 2022
    Sold for $333,800
  • 26 Dec 2021
    Listed for Sale SOLD
  • 20 Jun 2005
    Sold for $200,000
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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 65 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.

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