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.
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