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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

2037/55 Cavenagh Street
Darwin City, NT 0800

Offers Over $530,000

Unit 3 beds 2 baths 1 car 124 m²
Listed: yesterday
Updated: 16 hours ago
Overview

This exceptional dual-key unit in the heart of Darwin's CBD uniquely combines versatility and investment potential by offering two fully self-contained apartments within one title on the second floor. The larger apartment features two bedrooms with spacious open-plan living and dining areas, seamlessly integrating with modern kitchens and comfortable carpeted zones, all enhanced by split-system air conditioning to ensure year-round comfort. The smaller unit, a well-appointed one-bedroom residence, provides a practical, low-maintenance layout ideal for singles, couples, or tenants seeking the convenience of city living.

Abundant natural light and inviting city views create bright, pleasant living environments across both units. This setup is perfectly suited for owner-occupiers who can enjoy comfortable accommodation in the larger apartment while benefiting from rental income generated by the smaller space. Alternatively, the dual-key arrangement affords the flexibility to accommodate extended family, adult children, visiting guests, or dedicate space as a private home office, each maintaining full independent living.

Residents gain access to premium resort-style facilities including a well-equipped gym, a sparkling swimming pool shaded by sails, and inviting poolside BBQ and entertaining areas. Security is assured with a staffed reception, secure lobby access, and lift facilities, complementing the tropical lifestyle Darwin offers.

Situated steps from cafes, restaurants, Woolworths, and retail amenities, and within easy reach of the Darwin Waterfront Precinct and Cullen Bay Marina, this property balances convenient urban living with lifestyle appeal. Currently leased under separate agreements to provide immediate dual-income streams, the unit presents an attractive opportunity for investors seeking strong, consistent rental demand, with prospects for yield growth as leases renew. Flexible management options further enhance the appeal for a hassle-free investment experience.

  • Dual-key title featuring two separately leased apartments
  • Spacious two-bedroom unit currently leased at $500 per week
  • Well-designed one-bedroom unit leased at $350 per week
  • Combined rental income of approximately $850 per week
  • Modern kitchens and air conditioning throughout
  • Carpeted living zones with tiled wet areas for ease of maintenance
  • Secure building with lift access and staffed reception
  • Resort amenities including gym, pool with shade sails, and BBQ areas
  • Prime Darwin CBD location providing strong investment and living prospects
Local Market Insights

In Darwin City, Quiet Listings observed 3 new units entering the market over the last 30 days, unchanged from 3 in the prior period, with an average advertised asking price of $629,667. The property type mix of listed properties is predominantly Apartments at 83%, followed by units (17%). Ray White was the most active agency in this area, representing 88.9% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Location
2037/55 Cavenagh Street
Darwin City NT 0800
Measurements
Type Dimensions
Floor Area 113 m²
Market Insights for Darwin City NT 0800
New Listings (last 30 days)
3
Average price
$629,667
Lowest price
$530,000
Highest price
$799,000
Other properties in this postcode

* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.