704/39 Cavenagh Street, Darwin City NT 800

For more property information text 704CAV to 0488 810 057

Investor alert – Short-stay rental income approx. $8,000/month during peak season!

Perched on the top floor of the iconic Kube building, this THREE-bedroom apartment offers panoramic views across Darwin City and beyond. With a prime CBD location and unbeatable elevation, this property presents a golden opportunity for both lifestyle buyers and investors chasing strong returns.

Inside, the apartment features an open-plan layout with cool tiled floors and air conditioning throughout. The kitchen is both stylish and functional, complete with stone benchtops, quality Miele appliances, a dishwasher, and colourful splashbacks that add personality to the space.

All three bedrooms include built-in robes, and the master boasts its own ensuite along with direct access to the full-width balcony where you can soak up incredible city and rooftop views. The main bathroom is thoughtfully designed with generous storage, and there's also a separate internal laundry for added convenience.

The top-floor position not only maximises privacy and light but also elevates the appeal for short-stay guests. This apartment has been quoted to generate around $8,000/month during the dry season or can be leased at $720/week, offering a 7.5% gross yield.

Residents enjoy access to a secure entry system, a stunning in-ground pool, and an unbeatable location close to restaurants, shops, and Darwin's waterfront precinct.

• Top Floor Position with Spectacular Views
• Council Rates: Approx. $1,715 per annum
• Area Under Title: 152m²
• Year Built: 2014
• Zoning: CB (Central Business)
• Status: Vacant Possession
• Rental Estimate: Approx. $680 – $720 per week
• Body Corporate: North Management
• Body Corporate Fees: Approx. $2,783 as of 31/07/25
• Conveyancer: TBA
• Settlement: 45 days or variation on request
• Deposit: 10% or variation on request
• Easements: As per title