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2031/55 Cavenagh Street, Darwin City$310,000
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2031/55 Cavenagh Street

Darwin City, NT 0800, Australia
$310,000
2 bed 2 bath 1 car96 m²

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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

Repayment calculator

$1,503/month
$751 /fortnight
Loan $248,000 at 6.10% over 30 years

Upfront costs

Deposit$62,000
Stamp duty$15,345
Conveyancing (est.)$2,000
Total upfront$79,345
Verify with NT revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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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
  • Woolworths94 m away
  • Unnamed239 m away
  • Frogs Hollow Park270 m away
  • Raintree Park401 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

Suburb price trend

Darwin City price trend

Median sold · Unit 2 bed

Compound growth +3.6% / yr over 4 yrs

$460kcurrent median

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Price history

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