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142/21-23 Cavenagh Street

Darwin City NT 0800

  • 1 Bed
  • 1 Bath
  • 1 Park
PRICE GUIDE $180,000

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.

Features

General Features

  • Property Type: Unit
  • Bedrooms: 1
  • Bathrooms: 1
  • Building Size: 52sqm
  • Land Size: 52sqm

Indoor Features

  • Toilets: 1
  • Airconditioning
  • Built In Wardrobe

Outdoor Features

  • Open Car Spaces: 1
  • Secure Parking
  • Balcony
  • Outdoor Entertainment

Other Features

  • Area Views
  • Car Parking - Surface
  • City Views
  • Close to Schools
  • Close to Shops
  • Close to Transport

Can I afford 142/21-23 Cavenagh Street?

With access to the best on offer from 30 lenders and complete support and advice from pre-approval to settlement, you can trust an Elders Home Loans broker to find a quick and simple solution.

Get a Quote

Elders Real Estate Top End Group

Enquire about 142/21-23 Cavenagh Street, Darwin City, NT, 0800

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