51/21 Cavenagh Street, Darwin City, NT, 0800

SoldJul 29, 2025

51/21 Cavenagh Street, Darwin City, NT, 0800

$147,000

33 m²

Studio

•

6 days on the market

Sold: Jul 29, 2025

What's around 51/21 Cavenagh Street

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.