2031/55 Cavenagh Street
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About this property
Stylish, serviced apartment within Metro Advance Apartments complex Modern, open-plan layout with contemporary furnishings maintained by the hotel Spacious living and dining area, complemented by a handy study nook Private balcony overlooking the pool, providing an ideal alfresco retreat Well-appointed galley kitchen featuring quality appliances and ample storage Generous master bedroom with dual built-in robes and sleek ensuite Second bedroom also offers a built-in robe and plenty of space Main bathroom includes a shower-over-bath design plus an integrated laundry Year-round comfort with split-system air conditioning throughout Secure parking for one vehicle, plus access to a pool and outdoor entertaining area Situated on the second floor of Metro Advance Apartments, this fully furnished and serviced two-bedroom apartment presents an excellent low-maintenance investment opportunity in the heart of the CBD. With shops, restaurants, cafes, and nightlife just a short stroll away, it delivers convenience and lifestyle appeal in equal measure. Offering a seamless investment opportunity, this apartment is professionally maintained and managed by Metro Advance Apartments, ensuring minimal hands-on involvement for the owner. Inside, the open-plan living space is bright and welcoming, creating a comfortable area to relax, dine, or work. The adjoining balcony extends the space outdoors, providing a picturesque spot overlooking the complex pool. The sleek kitchen boasts a practical galley-style layout, complete with modern appliances, generous storage, and ample bench space. Both bedrooms are well-proportioned, with the master featuring dual built-in robes and a private ensuite. The second bedroom also includes built-in storage and is conveniently positioned near the main bathroom, which incorporates an internal laundry. Additional perks include split-system air conditioning for climate control, hotel-managed furnishings for ease of maintenance, and access to secure parking, lift facilities, and a resort-style pool with a sun deck and alfresco dining area. A fantastic option for investors looking to expand their portfolio, this apartment benefits from a highly sought-after location, just moments from Woolworths, Smith Street Mall, Mitchell Street's vibrant nightlife, and an array of amenities. Area under title: 96 SQM Council Rates: $1700 per year Status: Leased until OCT 2027 at approximately $1400 per month option for lease extension after 2027 (5+5+5 years) Motivated sellers Body Corporate: $328 per Qtr Elec & Water is paid by the metro Status: Investment only until end of Head Lease please contact Riley Loy for further information.
Property Details
- Property Type
- apartment
- Listing Type
- For Sale
- Bedrooms
- 2
- Bathrooms
- 2
- Parking
- 1
- Land Area
- 96 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Darwin City
This 2-bedroom apartment in Darwin City, NT 0800 sits within reach of public transport, local shops local amenities. It is listed 41% below the $523,000 median of 65 comparable apartmentswithin 5 km.
What's nearby
- Woolworths (70) (bus) — 131 m away
- Woolworths — 94 m away
- Unnamed — 239 m away
- Frogs Hollow Park — 270 m away
- Raintree Park — 401 m away
Darwin City at a glance
Full suburb profile- Population
- 7,149
- Median age
- 33
- Household income
- $2,151/wk
- Median rent
- $450/wk
- Median mortgage
- $1,781/mo
Source: ABS Census.
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Suburb market
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Darwin City price trend
Median sold · Unit 2 bed
Compound growth +3.6% / yr over 4 yrs
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