103/39 Cavenagh Street

Positioned in the highly sought-after Kube Apartments, this spacious first-floor residence delivers the perfect combination of lifestyle, location and investment performance in the heart of Darwin City. Built in 2014 and ideally located directly opposite the Darwin Post Office and the brand-new CDU Darwin City Campus, you'll be hard pressed to find a more central CBD address. Investors will immediately appreciate the outstanding return, with a long-term tenancy secured until March 2027 at $780 per week, delivering an impressive 7.97% ROI. What truly sets this apartment apart is the enormous private courtyard a rare feature and significantly larger than the balconies found throughout the rest of the complex. Whether you're entertaining guests, enjoying your morning coffee or creating your own urban oasis, this outdoor space adds a level of versatility rarely found in CBD apartment living. Property Features: 2 bedrooms plus study/optional third bedroom 2 bathrooms Secure underground car park Spacious first-floor position Oversized private courtyard Modern kitchen and open-plan living Built in 2014 Long-term tenancy until March 2027 $780 per week rental income Approx. 7.97% ROI Levies are approximately $3,130 per quarter Complex Features: Secure access building Indoor swimming pool Fully equipped gymnasium Professional management Modern, well-maintained complex Step outside your front door and enjoy everything Darwin City has to offer. Cafés, restaurants, bars, shopping, entertainment, the Waterfront Precinct and major employment hubs are all within easy walking distance. Whether you're looking to strengthen your investment portfolio with a high-performing asset or secure a premium CBD property for the future, this is an opportunity not to be missed. Strong returns. Prime location. Rare outdoor space. Welcome to the Kube.