$180,000

1 Bed • 1 Bath • 1 Car • 52m²

Main view of Homely unit listing, 142/21-23 Cavenagh Street, Darwin City NT 800

Floorplan of Homely unit listing, 142/21-23 Cavenagh Street, Darwin City NT 800

Second view of Homely unit listing, 142/21-23 Cavenagh Street, Darwin City NT 800

+10

Sold

Third view of Homely unit listing, 142/21-23 Cavenagh Street, Darwin City NT 800

Sold

142/21-23 Cavenagh Street, Darwin City NT 800

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$180,000

1Bed
1Bath
1 Car
52m²

Unit Sold on Mon 18 Aug, 2025

What's around Cavenagh Street

Unit description

“CITY STUDIO WITH 11.5% RENTAL RETURN”

Right in the heart of Darwin CBD, this second-top-floor studio apartment offers the best of both worlds - prime location and exceptional investment performance.

Inside, you'll find a functional layout and a large spa bath for that touch of indulgence. From your balcony, enjoy sneak-peek ocean views to the north and west plus sparkling city vistas.

For investors, the numbers speak for themselves: a 11.5% gross rental return means strong positive cash flow from day one. Very reasonable body corporate fees and a secure car park further protect your bottom line, while the unbeatable CBD position ensures year-round rental demand.

Highlights:
• 11.5% gross rental return – rare in today's market
• Secure car park – valuable in the CBD
• Walk to shops, cafes, waterfront, and nightlife
• Sneak-peek ocean views north & south + city outlook

Whether you're chasing maximum rental yield or a convenient city base, this property delivers on location, lifestyle, and cash flow.

Body Corporate Elite Strata Management (NT)
Body Corporate $1,098.89 p/q approx.
Sinking Fund $319.44 p/q approx.
Council Rates $1,800 p/a approx.