SOLD
Sold on 27 Sep 2024 for $185,000

99/21-23 Cavenagh Street
Darwin City NT 0800

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 35m2
Land area: 52m2
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Property Details for 99/21-23 Cavenagh St, Darwin City

99/21-23 Cavenagh St, Darwin City is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1997. The property has a land size of 52m2 and floor size of 35m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 1 bedroom Unit sold in Darwin City in the last 12 months.

Building Type
Unit
Year Built
1997
Floor Size
35m2
Land Size
52m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 5457/LTO96/077

Last Listing description (August 2024)

Experience the perfect blend of city working and city living in this STUDIO apartment located in the METRO building. The apartment is an ideal haven for a single professional or a working couple craving the excitement and convenience of Darwin CBD. Positioned on the 06th floor.

The studio apartment, approximately 52m in size, is a compact and efficiently designed living space that offers both comfort and functionality. As you enter, you are greeted by an open-plan layout that maximizes the use of space.

The living area seamlessly integrates with the sleeping zone, creating a versatile environment perfect for both relaxation and rest.

The kitchenette is thoughtfully designed, featuring ample storage, allowing for easy meal preparation and dining. The bathroom is well-appointed with a spa bath, offering all necessary amenities in a sleek, compact design.

The studio is cleverly designed to include built-in storage solutions, ensuring that every inch of space is utilized efficiently. The freshly painted apartment offers a neutral colour palette and modern finishes create a stylish and inviting ambiance, making this studio an ideal urban retreat. Enjoy your morning coffee or evening glass of wine on the charming balcony off the bedroom, where you can catch cool breezes and soak in the vibrant cityscape

Additionally, the convenience of off-street parking for one vehicle means you'll never have to worry about finding a spot in the bustling city. The complex has secure entry to complex with lift. This studio is more than just a place to live; it's an opportunity to fully immerse yourself in the dynamic pulse of urban life.

This apartment is styled for advertising purposes and will be sold unfurnished.

Around the Suburb:
Cruise around the Waterfront on an orange scooter
Savour a meal at Darwin City's top restaurants
Dive into the lively night life scene
Enjoy fabulous shopping nearby

About the Property:
Area under title: 52 Square metres
Year built: 1997
Easements: None found
Council rates: $1,670.00 per annum (approx)
Body Corporate Management: Elite Strata Management
Body corporate levies: $1092.91 per quarter
Sinking fund balance as at 08/07/2024 $290,000
Admin fund balance as at 08/07/2024 $304,000

Property History for 99/21-23 Cavenagh St, Darwin City, NT 0800

A timeline of how this property has performed in the market
Last Sold
$185,000
27 Sep 2024
Listed for Rent
$350/w
01 May 2014
  • 27 Sep 2024
    Sold for $185,000
  • 12 Jul 2024
    Listed for Sale $185,000+
  • 18 Apr 2014
    Listed for Rent - Price not available
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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 5,326 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.
There are currently 82 properties listed for sale, and 68 properties listed for rent in Darwin city on OnTheHouse. According to CoreLogic's data, 297 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.