SOLD
RECENT ADVICE
Sold on 19 Nov 2024 for $399,000

303/39 Cavenagh Street
Darwin City NT 0800

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for 303/39 Cavenagh St, Darwin City

303/39 Cavenagh St, Darwin City is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom Unit sold in Darwin City in the last 12 months.

Building Type
Unit

Last Listing description (November 2024)

Kube 303 (23) a modern inner city apartment in a prime location offering fantastic value for money.

Perfect for investors, regular interstate visitors, first homebuyers and downsizers seeking a low maintenance ultra-convenient modern lifestyle unit which also has the capacity to operate as a high cashflow long or short term accommodation investment.

Shaded from the intense NT heat with a relaxed vibe, this modernistic apartment is located in the heart of the CBD in one of Darwin’s most iconic modern buildings.

The Kube complex is a contemporary art piece on the Darwin skyline directly opposite the GPO and new Charles Darwin University with restaurants, café’s, coffee shops and Woolworths at your doorstep.

The property is one of Darwins most recently constructed includes an indoor swimming pool, gym, formal guest foyer and secure carparking as well.

Key Features:
• Modern two bedroom + study (or 3rd bedroom) inner city apartment
• Study with built in desk easily converted to a 3rd bedroom on this floorplan if required
• Unit 303 (23) is positioned on the 3rd floor with secure intercom and fob key access
• Master bedroom with ensuite & Walk in Robe
• Ensuite bathroom is finished with twin vanity and stone counters
• Main bathroom is well appointed with modern touches
• Internal laundry room has some storage space and conceals the washer and dyer
• Investors dream location directly opposite Darwin GPO and new university in the heart of the city
• Supermarket 50 metres away, superb blend of restaurants, cafes and bus stops all within a 200m radius
• Everything this great tropical city has to offer is literally right at your doorstep
• Iconic building with futuristic ultra modern Cube style architecture
• 1 undercover basement car park on title
• Architecturally designed kitchens with stone bench tops and premium Smeg appliances
• Contemporary fittings and fixtures throughout
• A classy communal area at ground level will include a lap pool with diminishing wet edge and water features
• Fully equipped gymnasium beside pool
• Ideal for first home buyers or investors looking for healthy returns
• Smart time in Darwin's inner city unit property cycle to buy
• Priced for a serious buyer to take immediate action
• Sold with lease in place at $665 a week to July 2025 (Optional purchase of existing furnishings/equipment)

Council Rates: $1,700 per annum (approx.)
Area Under Title: 114 square metres
Zoning Information: CB (Central Business)
Status: Vacant Possession
Rental Estimate: $665 per week (approx.)
Body Corporate: North Management
Body Corporate Levies: $1,608 per quarter (approx.)
Easements as per title: None found

Property History for 303/39 Cavenagh St, Darwin City, NT 0800

A timeline of how this property has performed in the market
Last Sold
$399,000
19 Nov 2024
  • 19 Nov 2024
    Sold for $399,000
  • 30 Aug 2024
    Listed for Sale SOLD
  • 03 Feb 2023
    Listed for Sale Offers over $440,000
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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 68 properties listed for rent in Darwin city on OnTheHouse. According to CoreLogic's data, 320 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.