SoldAug 18, 2025

142/21 Cavenagh Street, Darwin City, NT, 0800

$180,000

1
1
1
52 m²
52 m²

Unit

4 days on the market

Sold: Aug 18, 2025

What's around 142/21 Cavenagh Street

CITY STUDIO WITH 11.5% RENTAL RETURN

Right in the heart of Darwin CBD, this second-top-floor studio apartment offers the best of both worlds - prime location and exceptional investment performance. Inside, you'll find a functional layout and a large spa bath for that touch of indulgence. From your balcony, enjoy sneak-peek ocean views to the north and west plus sparkling city vistas. For investors, the numbers speak for themselves: a 11.5% gross rental return means strong positive cash flow from day one. Very reasonable body corporate fees and a secure car park further protect your bottom line, while the unbeatable CBD position ensures year-round rental demand. Highlights: • 11.5% gross rental return – rare in today's market • Secure car park – valuable in the CBD • Walk to shops, cafes, waterfront, and nightlife • Sneak-peek ocean views north & south + city outlook Whether you're chasing maximum rental yield or a convenient city base, this property delivers on location, lifestyle, and cash flow. Body Corporate Elite Strata Management (NT) Body Corporate $1,098.89 p/q approx. Sinking Fund $319.44 p/q approx. Council Rates $1,800 p/a approx.

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