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142/21-23 Cavenagh Street

Darwin City NT 0800

  • 1 Bed
  • 1 Bath
  • 1 Park
$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?

Whether you’re a first-time buyer, looking for your next home, or considering upgrading or downgrading, Elders Finance can unlock the doors to the right finance option for you and get you into the home of your dreams.

Calculators

Elders Real Estate Top End Group

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

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