SOLD
RECENT ADVICE
Sold on 16 Oct 2024 for $270,000

2033/55 Cavenagh Street
Darwin City NT 0800

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 96m2
Land area: 96m2
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Property Details for 2033/55 Cavenagh St, Darwin City

2033/55 Cavenagh St, Darwin City is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a land size of 96m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Unit sold in Darwin City in the last 12 months.

Building Type
Unit
Floor Size
96m2
Land Size
96m2

Last Listing description (October 2024)

INVESTMENT ONLY - This Unit is leased out by the hotel at this point in time and you cannot live in it.

Text 55CAV to 0472 880 252 for all property information.

Fully furnished and serviced by Metro Advance Apartments, this two-bedroom apartment creates a wonderful set-and-forget investment opportunity in the heart of the CBD, within walking distance of an array of shops, bars, cafes and restaurants.

- Serviced two-bedroom city apartment on second floor of Metro Advance Apartments
- Modern, bright layout features furniture owned and maintained by the hotel
- Spacious open-plan living and dining, with handy study nook at one side
- Great balcony extends living space to offer alfresco space overlooking the pool
- Galley-style kitchen features modern appliances and plentiful storage
- Large master features dual built-in robes and smart ensuite with shower
- Second bedroom also features built-in robe and is generous in size
- Main bathroom features shower-over-bath combo and integrated laundry
- Split-system AC keeps entire apartment comfortable year-round
- Secure parking for 1 vehicle, plus access to hotel pool and outdoor entertaining

Looking for an effortless investment opportunity in the heart of the city? Serviced, furnished and maintained by Metro Advance Apartments, this apartment offers buyers the chance to enter the investment market or grow their portfolio with a convenient, set-and-forget investment.
Offering a functional, modern layout, the apartment welcomes you in to its bright open-plan living area, where there is more than enough space for relaxing, dining and working. Extending this space further is a lovely balcony, which offers a great outlook over the complex’s pool.

At one side, the neat kitchen features a galley-style design that looks out over the living space, complemented by modern appliances and ample storage and counter space.

Generous in size, the master offers dual built-in robes and a smart ensuite, while the second robed bedroom is conveniently located close to the main bathroom with integrated laundry.

As you’d expect, split-system AC works to heat and cool each room, while the supply and maintenance of the furniture is handily dealt with by Advance. Also on offer within the complex, there is secure parking, lift access, and a gorgeous outdoor pool, framed by sun loungers and an alfresco dining area.

Perfectly positioned for tourists and business travellers, the apartment offers a prime location next to Woolworths, and just a short walk from vibrant Mitchell Street, Smith Street Mall and a host of amenities, eateries and entertainment.

Come and see for yourself just how appealing this opportunity is! Arrange your inspection today.

Metro Fast Facts:
- Metro run 74 units
- Pool size 10m x 5m
- Cleaning is included
- Secure car parking, Foxtel, Wi-Fi, Gym access and Tour bookings
- Metro Reception hours 08:00 - 10:00pm daily, 09:00 - 5:00pm NT public holidays

Council Rates: Approx. $1700 per annum
Area Under Title: 96 square metres
Zoning: CB (Central Business)
Status: Lease agreement with Metro until October 2027 at approx. $1,400 per month
Body Corporate: Network Pacific Strata Management
Body Corp Levies: Approx. $328 per quarter
Electricity & Water: Paid by Metro
Settlement period: 45 Days
Deposit: 10% or variation on request

Property History for 2033/55 Cavenagh St, Darwin City, NT 0800

A timeline of how this property has performed in the market
Last Sold
$270,000
16 Oct 2024
  • 16 Oct 2024
    Sold for $270,000
  • 08 Nov 2023
    Listed for Sale $245,000

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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 5,383 properties. Over the last 5 years, Houses in Darwin City have seen a -3.25% decrease in median value, while Units have seen a 25.89% increase. As at 30 November 2024:

  • The median value for Houses in Darwin City is $457,354 while the median value for Units is $402,400.
  • Houses have a median rent of $585 while Units have a median rent of $600.
There are currently 77 properties listed for sale, and 71 properties listed for rent in Darwin city on OnTheHouse. According to CoreLogic's data, 314 properties were sold in the past 12 months in Darwin city.

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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.