2035/55 Cavenagh StreetDarwin City NT 0800
Property Details for 2035/55 Cavenagh St, Darwin City
2035/55 Cavenagh St, Darwin City is a 3 bedroom, 2 bathroom Unit. The property has a land size of 133m2. While the property is not currently for sale or for rent, it was last sold in June 2013.
Last Listing description (March 2023)
Looking to increase your investment portfolio, then this property is the perfect addition.
Currently leased to the Metro Hotels on a secure long-term 5 year lease expiring 2037 with the potential to extend and centrally located in the heart of Darwin, within 5 minutes walking distance to some of Darwin's best restaurants and tourism attractions this is a set and forget investment.
Features include:
2035a: 2 bedrooms 1 bathroom self-contained unit
2035b: 1 bedroom, 1 bathroom studio apartment
Both units are fully furnished
Open and functional kitchens
Balcony to unit 2035a overlooking the pool
Air-conditioned throughout
Secure undercover parking
Pool with BBQ area
Lift
Inspection By Appointment Only
RATES: $1,600 p/a (approx)
YEAR BUILT: 2004
RENT: $19,700 p/a (approx)
BODY CORP: Network Pacific $945.00 p/q (approx)
Property History for 2035/55 Cavenagh St, Darwin City, NT 0800
- 23 Jun 2022Listed for Sale OFFER GUIDE $339,000 - INVESTORS ONLY
- 12 Jun 2013Sold for $523,000
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0About 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.
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