111/21 Cavenagh Street

'Near the City, near the Sea' are not only prime investment principles but a great opportunity for a home at a very affordable price! With rapidly rising inflation, homes at this price may soon be in the distant past. A city locale is also good for big savings on fuel costs with just about everything in easy walking distance including a wide range of employment opportunities, entertainment, drink, and food places, plus the very popular foreshore, Waterfront & Wharf precincts. High up on the 7th level of the Metro building is this well-presented apartment designed for easy living. Enjoying city views from the big bedroom and very private balcony, perfect for singles, couples, or ideal as a second home for people who regularly visit Darwin. Currently leased at $420 per week to 18 Septemer 2026 with very happy tenants! The home is fully equipped with good quality furniture and fittings. It's fully tiled and air-conditioned throughout, plus the ever-present lovely sea air providing good cross-full flow ventilation. Theres also a spa bath and a separate toilet room. With excellent security, privacy, and secure in-house parking don't miss this opportunity. Features include: - Stylish 7th floor apartment in good condition in the heart of Darwin City - Fully self-contained with quality furniture, fittings and fully air-conditioned - Balcony to enjoy the great sea breezes, views, and city atmosphere - Secure after-hours building entry off Cavenagh Street or Austin Lane, with Arcade through to The Mall - Impressive entry foyer and twin elevator service - Ground floor of building has two internal arcades including small, leased offices and some retail shops & cafe - Secure in-house parking - In the heart of the city a short walk to just about everything or a 5-minute stroll to the fabulous Waterfront precinct - Owner occupancy on 18/9/2026, or continue leasing in very strong rental market - Excellent privacy and security Spacious 56m² layout Elite Strata Management $5,459 per annum including Sinking Fund Council Rates: $1,758 per annum Dual Elevators, secure building entry after hours. Built 1997; NBN Connected Leased at $420 per week until 18 Sept 2026 with happy tenants