Discover an extraordinary investment opportunity nestled in the vibrant heart of Darwin city! This property promises an impressive return on investment of approximately 9%, positioning it as a lucrative option for savvy investors. Conveniently located just 50 meters from the vibrant Darwin Mall, this property offers the perfect blend of urban excitement and serene relaxation. A leisurely 1-kilometer stroll will lead you to the stunning Darwin Waterfront, where an abundance of alfresco dining opportunities await, promising delightful culinary experiences against a picturesque backdrop. Embrace the allure of city living while indulging in the tranquility of waterfront charm, all within effortless reach from this exceptional property.
Situated in a prime location, this one-bedroom, one-bathroom unit boasts spacious living areas and a large bedroom, providing ample comfort and convenience. Step out onto the balcony and enjoy breathtaking views of the entire cityscape, creating a captivating backdrop for relaxation or entertaining guests.
With all essential amenities conveniently located downstairs, including cafes and the renowned Cavanagh Street Pub, residents enjoy easy access to everything they need right at their doorstep. The property is currently rented until next year, eliminating any concerns about finding tenants and providing a secure source of income for the foreseeable future.
Don't miss out on this opportunity to secure a prime investment property in one of Darwin's most sought-after locations. Contact us today to learn more and seize this incredible opportunity!
Council rate: $1649 Annually Body Corporate: Elite Strata Body corporate fees: $1118 Per Quater Floor size: 52sqm Stauts: Tenanted Tenancy details: Leased until 30/6/25 for $310 per week. ROI Yield: 9% Approx. Built: 1997
Inspections
No open inspections scheduled.
Send an enquiry
Contact Akansh Batta to learn more about this property, request an inspection or take an online tour.
Sorry, overlays are not available for this address
Need more info? We've got you covered.
A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.
Nearby sales
Looking to compare sales prices?
We found 4 apartments with 1 bedrooms that just sold near 114/21 Cavenagh Street Darwin City
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.