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103/39 Cavenagh St

Darwin City NT 0800

3
2
1
Apartment
Currently for sale - view listing

Overview

CBD Convenience. Exceptional Yield. Rare Courtyard Living.

Positioned in the highly sought-after Kube Apartments, this spacious first-floor residence delivers the perfect combination of lifestyle, location and investment performance in the heart of Darwin City. Built in 2014 and ideally located directly opposite the Darwin Post Office and the brand-new CDU Darwin City Campus, you'll be hard pressed to find a more central CBD address. Investors will immediately appreciate the outstanding return, with a long-term tenancy secured until March 2027 at $780 per week, delivering an impressive 7.97% ROI. What truly sets this apartment apart is the enormous private courtyard � a rare feature and significantly larger than the balconies found throughout the rest of the complex. Whether you're entertaining guests, enjoying your morning coffee or creating your own urban oasis, this outdoor space adds a level of versatility rarely found in CBD apartment living. Property Features: � 2 bedrooms plus study/optional third bedroom � 2 bathrooms � Secure underground car park � Spacious first-floor position � Oversized private courtyard � Modern kitchen and open-plan living � Built in 2014 � Long-term tenancy until March 2027 � $780 per week rental income � Approx. 7.97% ROI � Levies are approximately $3,130 per quarter Complex Features: � Secure access building � Indoor swimming pool � Fully equipped gymnasium � Professional management � Modern, well-maintained complex Step outside your front door and enjoy everything Darwin City has to offer. Caf�s, restaurants, bars, shopping, entertainment, the Waterfront Precinct and major employment hubs are all within easy walking distance. Whether you're looking to strengthen your investment portfolio with a high-performing asset or secure a premium CBD property for the future, this is an opportunity not to be missed. Strong returns. Prime location. Rare outdoor space. Welcome to the Kube.

Features

3 bedrooms
2 bathrooms
1 carspace
1 carport space
Apartment

Property history for 103/39 Cavenagh St

2019
Rented
Undisclosed
Leased on 04 Sep 2019 by Real Estate Central
2018
Sold
$425,000
23 Aug 2018 by Daniel Harris, of Real Estate Central

Happy sellers in Darwin City

91%
91% of sellers in Darwin City reported that their sale price either exceeded or met their price expectations.

Darwin City stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 15 reviews in Darwin City over the last 12 months.

Local market activity for 3 bedroom apartments in Darwin City

In the last 12 months, 66 three-bedroom apartments similar to 103/39 Cavenagh St, have been sold.

This represents a 8% decrease in three-bedroom apartments sales when compared to the previous 12 months.

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