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127/21 Cavenagh Street

Darwin City NT 0800

1
1
1
52 m²
52 m²
Unit
Currently for sale - view listing

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

Property history for 127/21 Cavenagh Street

2026
Rented
Undisclosed
Leased on 06 Mar 2026 by Raine & Horne Darwin
2026
Rented
Undisclosed
Leased on 05 Mar 2026 by Raine & Horne Darwin
2024
Rented
Undisclosed
Leased on 21 May 2024 by Raine & Horne Darwin

Happy sellers in Darwin City

90%
90% 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 14 reviews in Darwin City over the last 12 months.

Local market activity for 1 bedroom units in Darwin City

In the last 12 months, 23 one-bedroom units similar to 127/21 Cavenagh Street, have been sold.

This represents a 34% increase in one-bedroom units sales when compared to the previous 12 months.

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