The Cavenagh Centre is a high profile commercial building located in the heart of Darwin's CBD. Adjacent to Post Office, Woolworths CBD Plaza and the Cavenagh Bus Interchange, the premises and its occupants benefit from being in close proximity to key commercial and public amenities. The building offers good level of amenity while being a more affordable tenancy option. Versatile tenancy areas on the Ground and Floors above lend themselves to retail, office, professional services and medical / consulting applications.
Key Property Features:
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 5,382 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:
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