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Back 51/21 Cavenagh Street
Off Market

51/21 Cavenagh Street

Darwin City NT 0800

1
33 m²
Studio
Last sold for $147,000
Frank SchembriFrank Schembri, last sold this property on 29 July 2025 after 6 days on market.

Overview

Excellent Investment Opportunity

Located right in the heart of Darwin CBD and approximately 300m to the CDU Darwin City Campus, is this currently tenanted studio apartment producing an attractive 10% gross return. This apartment should continue to represent a healthy return on investment as the new CDU campus ramps up and rental accommodation becomes even more scarce. Its simplicity and location make it an attractive option for investors looking for cash flow with minimum fuss. The apartment offers the occupant intercom access, level two position, with easy lift access and withing close proximity to supermarkets, cafes, restaurants, GPO, GP facilities as well as all Darwin CBD has to offer. Body Corporate Levies: $986.66/qtr Body Corporate Manager: Elite Strata Management Council Rates: $1,760.00p.a.

Features

1 bathroom
33 m² floor area
Studio

Estimated Value

We need at least 3 similar studios sold in Darwin City over the last 12 months.

Property history for 51/21 Cavenagh Street

2025
Rented
Undisclosed
Leased on 01 Dec 2025 by Real Estate Central
2025
Sold
$147,000
Private Sale/Treaty on 29 Jul 2025 by Frank Schembri, of United Realty NT
2024
Rented
Undisclosed
Leased on 19 Sep 2024 by NOW Leasing NT

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 16 reviews in Darwin City over the last 12 months.

Local market activity for studios in Darwin City

In the last 12 months, 1 studio similar to 51/21 Cavenagh Street, have been sold.

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