2026/55 Cavenagh Street, Darwin City, NT, 0800, Australia

Ready to jump into the investment market or grow your current portfolio? Look no further than this perfect set and forget investment!


This spectacular dual key serviced apartment is currently leased on a long term basis to Metro Hotels with the option to extend is perfect for those wanting to not have to do any work & just sit back and watch your bank grow.

The one bedroom apartment with a beautiful balcony to sit back and relax on adjoining to a studio apartment which is connected by the internal lockable door creating a two bedroom apartment is the perfect stay for tourists and people travelling in this prime location.

Located on Cavenagh Street just a few streets away from the vibrant Mitchell Street this apartment is close enough to the hustle and bustle however ideally located not in the heart of it all making for a peaceful location.

Features Include:
* Dual key apartment – option for a one bedroom apartment or two!
* Furniture owned and maintained by the hotel
* Modern & neat living
* Air conditioned throughout
* Pool located in complex
* Set & forget investment!

Year Built: 2004
Area on Title: 100m2
Body Corp Manager: Network Pacific Strata Management
Body Corp Fees: $832.50 including sinking fund p.a. (approx.)
Council Rates: $1,700.00 p.a. (approx.)
Property Status: Leased at approx. $1,215.00 per month