Residential for Sale – Sold

Excellent Investment Opportunity

51/21 Cavenagh St DARWIN CITY NT

Sold for $147,000

Description

Located right in the heart of Darwin CBD and approximately 300m to the CDU Darwin City Campus, is this currently tenanted studio apartment producing an attractive 10% gross return.

This apartment should continue to represent a healthy return on investment as the new CDU campus ramps up and rental accommodation becomes even more scarce.

Its simplicity and location make it an attractive option for investors looking for cash flow with minimum fuss.

The apartment offers the occupant intercom access, level two position, with easy lift access and withing close proximity to supermarkets, cafes, restaurants, GPO, GP facilities as well as all Darwin CBD has to offer.

Body Corporate Levies: $986.66/qtr
Body Corporate Manager: Elite Strata Management
Council Rates: $1,760.00p.a.


Category Studio
Land Area
Beds 1
Baths 1
Cars 0

Frank Schembri

Call: 0889812666
Mobile: 0425 254 641

Caterina Albano

Call: 08 8981 2666
Mobile: 0412 531 423