2034/55 Cavenagh St, Darwin City, NT 0800

Set and forget investment

Currently leased to the Metro Hotel for the next 5 years with two further 5 year options for renew.

Positioned on the second floor this one bedroom apartment boasts a generouse kitchenette featuring a full sized oven and cooktop, ample cupboard space, quality stainless steel appliances including dishwasher. One generous sized bedroom with seperate bathroom and laundry combinaion. If you are looking for a set and forget investment this one is for you!

Features Include:
� Kitchen off living/dining area with s/steel appliances
� Modern main bathroom
� Generous sized bedroom
� Split-system air conditioning throughout
� Pool in popular city centre apartment complex
� Furniture is owned by hotel

Ideally set in the popular Metro Apartments complex, walking distance to a huge range of bars, restaurants and cafes in the heart of the city.

Year Built: 2004
Area under title: 71m�
Body Corporate Manager: Network pacific
Body Corp Admin Fund: Paid by Metro Hotel under current lease
Body Corp Sinking Fund: $974 Approx per annum
Council Rates: $1,700 Approx per annum
Status: Leased at $11,104 Approx per annum until Jan 2027 with two further 5 year terms

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