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Back 2032/55 Cavenagh Street
Off Market

2032/55 Cavenagh Street

Darwin City NT 0800

1
1
1
Unit
Last sold for $223,262
Zayden LewisZayden Lewis, last sold this property on 25 November 2025 after 46 days on market.

Overview

Investment GOLD!!!! Set and Forget

For more property information text 55CAV to 0488 810 057 Leased back to the hotel pool for the next 12 years, this is a strong investment choice with a savvy return. The complex includes a staffed reception desk with a secure lobby area along with dual elevator access through to the 2nd floor. The apartment's balcony boasts a great view over the swimming pool and allows for that cool sea breeze to filter in. Inside is a generous open plan living, dining and kitchen area with carpeted and tiled flooring, and large light filled windows that let in the natural sun light. The kitchen has a wall of storage with all the basic amenities accounted for. There is even a laundry room and linen press storage along with a cabinet at the front door for the shoes and bags. The bedroom includes a built in robe and ensuite with a relaxing bath tub / shower combo. Furnished with all the large everyday items – this is a great time to buy as an investment property with as great rental yield and low vacancy rate. Walk to the CBD in moments for coffee dates or work commitments – spend your free time exploring the CBD and city lights or taking a stroll along the esplanade. Around the Suburb: • Located in the heart of the CBD • Say yes to those last minute coffee dates and mid week meals • Nearby to Cullen Bay and the Marina • George Brown Botanical Gardens and the Casino only moments away • Head down to the Water Front for a swim or a quick meal Why This Works for Investors: - Secure long-term lease with a guaranteed net return - Tenant covers major outgoings, leaving you with minimal owner expenses - Consistent, hassle-free income – no vacancy worries - Part of the Metro Hotel Darwin CBD complex – strong demand and proven track record - A 5% net yield with a gross yield of 7 - 8%, when taking into consideration the paid for outgoings The finer points: Council Rates: Approx. $1,760 per annum Area Under Title: 86 meters squared Year Built: 2004 Zoning: CB (Central Business) Status: Tenanted for the next 12 years Current Monthly return: $922.70/month Body Corporate: Network Body Corporate Levies: Approx. $195.75 per quarter Settlement period: 45 days or variation on request Easements: As per title Deposit: 10% or variation on request

Features

1 bedroom
1 bathroom
1 carspace
1 carport space
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 2032/55 Cavenagh Street is $272.5k.

Median value
$272.5k
Estimated value range
$148k - $405k
Median days on market
34
Estimated value trend
-8%
decrease 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 2032/55 Cavenagh Street

2025
Sold
$223,262
25 Nov 2025 by Zayden Lewis, of Real Estate Central

Happy sellers in Darwin City

89%
89% 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 17 reviews in Darwin City over the last 12 months.

Local market activity for 1 bedroom units in Darwin City

In the last 12 months, 31 one-bedroom units similar to 2032/55 Cavenagh Street, have been sold.

This represents a 82% decrease in one-bedroom units sales when compared to the previous 12 months.

Nearby agents

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

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Stephanie Otto

Stephanie Otto is a recommended agent for Darwin City.  They have 17 local sales and collected 5 local reviews across the last 12 months.

  •   5   (14 reviews)
  •  5 Reviews in Darwin City
  •  17 Sales in Darwin City
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Shyam Thapa

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

  •   5   (71 reviews)
  •  4 Reviews in Darwin City
  •  8 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, well-prepared and friendly

  •   5   (144 reviews)
  •  3 Reviews in Darwin City
  •  3 Sales in Darwin City
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Nathan Cunneen

Nathan Cunneen is a recommended agent for Darwin City.  They have 2 local sales and collected 3 local reviews across the last 12 months.

  •   5   (6 reviews)
  •  3 Reviews in Darwin City
  •  2 Sales in Darwin City
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