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152/21 Cavenagh Street Darwin NT 800

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REDUCED $260,000

GREEDY INVESTOR WANTED!! CASH FLOW SPINNER!!

152/21 Cavenagh Street, Darwin
Neat and tidy, this top floor studio apartment would fit the bill for an investor looking to bump up their investment portfolio. Offering high rental returns, low vacancies and always with a line up of prospective tenants due to Darwin’s transient population and fly in fly out workers. Investors this ones a WINNER! You’ll never have trouble leasing this property out!


Located in the heart of Darwin’s vibrant CBD, offers walking distance to coffee shops, restaurants, retail shopping or a relaxing swim at the Water Front Prescient - the location couldn't be more convenient with so many things at your door step.


• Tiled and air-conditioned throughout

• Open plan living and dining

• Functional kitchen with all the necessities

• Top floor apartment boasting city and sea views

• Extra high ceilings

• Linen press for added storage

• Bedroom with built in wardrobe and balcony access

• Bathroom has a spa bath/shower

• Separate toilet for privacy

• Internal laundry

• Great location in the heart of the city

• Downstairs are coffee and retail outlets

• Who needs a car? Walk everywhere

This apartment has everything rolled into one convenient package. Through the front door is the main living area with a tidy kitchen. The bedroom is tucked away at the other end and has a sliding glass door leading out onto the balcony that also swathes the bedroom in light keeping it fresh and bright. A large built in robe for storage is a handy addition as well with TV point hidden inside. The balcony offers refreshing sea breezes all year round, city and sea views by day and gorgeous city lights by night.


Complex features two lifts, off street parking and secure entrance to building after hours. The location is ideal for anyone working in the city as you can walk to work. Downstairs are coffee shops, fashion retails, the post office and the bus stop all within minutes of your front door.


Great as an investment property it is currently rented at $360 per week with a gross return of at least 6.3%. Get your property portfolio started, or add this one to your list, either way this is a great, tidy little investment.



ABOUT THE PROPERTY:


Area Under Title: 52m2

Easements: None Found

Year Built: 1997

Zoning: CB (Central Business)

Council Rates: $1350 per annum approx

Building Name: The Metro

Body Corporate Manager: Prestige Body Corporate Management

Body Corporate Fees: $919.15 per quarter approx

Status: Leased till 18/06/2015 @ $360 per week

Rental Estimate: $360-$400 per week

Conveyancer: MBA Conveyancing


CONTACT AGENT:

May Dunlop Stuart Dickson

0421 037 034 0439 667 067


If you are considering selling and would like a free market appraisal please feel free to contact us anytime on the details above
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Last updated 01:14PM on Aug 12th 2015
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Sotheby's International Realty Darwin

GPO Box 2121
Darwin NT, 800

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GPO Box 2121
Darwin NT, 800

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