54/39 Cavenagh Street, Darwin City NT 800

VACANT POSSESSION - AVAILABLE NOW!!

Rock solid opportunities like this do no present themselves every day so if you are looking get out of the rental cycle, add to your portfolio, or this is you first time investing, look no further. Perched on the 6th floor of the iconic Kube Building is this contemporary and sleek three bedroom apartment with a fantastic rental return. The apartment comes fully furnished and equipped so all you need to do is sit back and relax while your investment pays for itself and the capital gains increase in this dynamic Darwin market.

The apartment is fresh, bold and the floor plan is considered placing the bedrooms away from the living area and each other. The open plan living area leads to the generous balcony which enjoys city views and a glimpse of the sea adding to the overall living space considerably. The kitchen is a statement piece with its sleek white cabinetry, bold colourful splashback and black benchtops. Abundant storage and plenty of prep space make the space as practical is it is beautiful. The bedrooms generous with the master occupying its own wing of the apartment including a large ensuite, built in robes and access to the balcony. The other bedrooms also have built in robes and is located next to the main bathroom; an internal laundry completes the apartment.

Features for Consideration:

• Owner Occupier or Investment Opportunity in City Centre
• Three Bedroom, Two Bathroom
• Open Plan Living with Generous Balcony and sweeping views
• One Allocated Car Space & Lockable Storage Cage
• Secure complex, Video Intercom Access
• Two Lifts - Security access to Own Levels
• Internal 14m Lap Pool
• Fully Equipped Gymnasium

With the ground-breaking Charles Darwin University (CDU) Education and Community Precinct being built on the doorstep it is safe to say there will never be a shortage of willing tenants making it the perfect long term investment property. Of course you may make this your home after the initial tenancy or it would also make a fantastic Air BNB (estimated $300-400 p/night) if that was your preference; no matter what you decide to do in the future the decision you make right now is the one that will secure it. Make the call today.

Council Rates: Approx. $1,470 per annum
Area Under Title: 137 sqm
Zoning: CB (Central Business)
Status: Vacant Possession
Rental Return Estimate: $600 per week
Air BnB Return Estimate: $300-400 p/night
Body Corporate: North Management
Body Corporate Levies: Approx. $1,750 per quarter
Settlement period: 45 Days
Deposit: 10% or variation on request
Easements as per title: (none found)