Under Offer 12/04/2024
$240,000
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2024/55 Cavenagh Street, Darwin City NT 0800

Apartment
221
Block size: 388 m² approx.

Set And Forget Investment Opportunity

Currently leased by Metro Hotel until January 2027 with additional 5-year options for renew.

Positioned on the second floor is this fantastic dual key apartment consisting of a 1 bedroom apartment with its own balcony and a studio apartment which can be connected via an internal lockable door potentially creating a 2 bedroom apartment. With the long-term lease in place this property is the perfect set and forget investment.

Features Include:
Dual key consisting of a one-bedroom apartment and studio on the one title
Modern bathrooms
Generous sized bedrooms
Split-system air conditioning throughout
Pool in popular city centre apartment complex
Furniture is owned by hotel
Annual CPI rent reviews

Ideally set in the popular Metro Apartments complex, walking distance to a huge range of bars, restaurants and cafes in the heart of the city.

Year Built: 2004
Area under title: 100m²
Body Corporate Manager: Network pacific
Body Corp Admin Fund: Paid by Metro Hotel under current lease.
Body Corp Sinking Fund: $552 approx. twice per annum.
Council Rates: $1,600 approx. per annum.
Status: Leased at approx. $1,336 p/month until Jan 2027

Inspections

No open inspections scheduled.

Send an enquiry

Contact Jasmine Smith to learn more about this property, request an inspection or take an online tour.

Key details

Bedrooms:
2
Bathrooms:
2
Garage Spaces:
1
Property type:
Apartment
Block Size:
388 *

Other Details

Parcel:
7533
Legal description:
200//7533/2024
LJ Hooker Darwin

Maps and area information

Block information
Block size: 388 (approx)
Legal description: 200//7533/2024
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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Nearby sales

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We found 8 apartments with 2 bedrooms that just sold near 2024/55 Cavenagh Street Darwin City

Property history

We couldn't find any history for this property.
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Darwin City suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
33 years
Population
7,149
Listing ID: 181371206. This listing has been viewed 211 times. It was first displayed on 14/02/2023 and last updated on 12/04/2024.
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.