127/21 Cavenagh Street

Off Market

127/21 Cavenagh Street

Darwin City NT 0800

52 m²

Unit

Last sold for $210,000

Maria Greensill, last sold this property on 05 October 2026 after 20 days on market.

Overview

Smart CBD Investment!

Positioned in the heart of Darwin CBD, this studio-style apartment delivers an exceptional combination of location, lifestyle and investment potential. Overlooking Austin Lane and just moments from Smith Street Mall, this low-maintenance residence puts shopping, dining, entertainment and everyday conveniences right at your doorstep. Inside, the practically designed layout features an easy-access kitchenette, a private master bedroom with built-in robes, a corner shower bath, dedicated laundry cupboard and your own private balcony showcasing harbour-facing views. It really is a perfect spot to unwind after a busy day. A secure rooftop car park adds valuable convenience and completes this appealing CBD package. For investors, the property presents strong rental appeal, with gross rental returns of over 8% and a current lease extending to 11 March 2027. For owner-occupiers, it offers an enviable city lifestyle with everything within easy reach. Property Highlights • Prime Darwin CBD location • Harbour-facing private balcony • Easy-access kitchenette • Spacious master bedroom with built-in robes • Corner bath and laundry cupboard • Split system air-conditioning • Secure rooftop car parking • 52m² under title • Conveniently positioned between the Cavenagh retail precinct and Smith Street Mall Investment Information • Current lease expiry: 11 March 2027 • Current Rent: $370pw • Gross rental return of over 8% gross • Body Corporate: $1,393.76 per quarter • Council Rates: approx. $439 per quarter • Updated Rental Appraisal available on request Whether you are looking to expand your investment portfolio or secure your own convenient CBD base, this is a fantastic opportunity to own a low-maintenance property in one of Darwin's most convenient locations.

Features

1 bedroom

1 bathroom

1 carspace

1 open car space

52 m² floor area

52 m² lot size

Unit

Estimated Value

Based on this property and similar 1 bedroom units sold in Darwin City over the last 12 months, the estimated median property value of 127/21 Cavenagh Street is $320k.

Median value

$320k

Estimated value range

$172.5k - $790k

Median days on market

Estimated value trend

16%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Darwin City. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 127/21 Cavenagh Street

2026

Sold

$210,000

05 Oct 2026 by Maria Greensill, of Raine & Horne Darwin

2026

Rented

Undisclosed

Leased on 06 Mar 2026 by Raine & Horne Darwin

2026

Rented

Undisclosed

Leased on 05 Mar 2026 by Raine & Horne Darwin

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 13 reviews in Darwin City over the last 12 months.

Local market activity for 1 bedroom units in Darwin City

In the last 12 months, 28 one-bedroom units similar to 127/21 Cavenagh Street, have been sold.

This represents a 7% increase in one-bedroom units sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Darwin City for a free market appraisal.

Shyam Thapa

at Wealthmax Real Estate

(84 reviews)

Get a free market appraisal

Stephanie Otto

at Ellis Parker Real Estate

(14 reviews)

Get a free market appraisal

Nikki Vazanellis

at Core Realty NT

(156 reviews)

Get a free market appraisal

Paul Heron

at HERON PROPERTY

(78 reviews)

Get a free market appraisal

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Darwin City

Shyam Thapa

Sellers who recommend Shyam Thapa have praised them for being clear communication, local expert, responsive, well-prepared, reliable, supportive and honest

5 (84 reviews)
6 Reviews in Darwin City
5 Sales in Darwin City

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Stephanie Otto

Stephanie Otto is a recommended agent for Darwin City. They have 23 local sales and collected 4 local reviews across the last 12 months.

5 (14 reviews)
4 Reviews in Darwin City
23 Sales in Darwin City

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Nikki Vazanellis

Sellers who recommend Nikki Vazanellis have praised them for being local expert, clear communication, supportive, honest, responsive, friendly and well-prepared

5 (156 reviews)
4 Reviews in Darwin City
2 Sales in Darwin City

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Paul Heron

Sellers who recommend Paul Heron have praised them for being local expert, clear communication, honest, trustworthy, stress-free process, reliable and great negotiation