708/39 Cavenagh Street, Darwin City NT 0800

2-bedroom with two car parks | seventh-floor harbour views | Kube complex, Darwin CBD | 130 sqm floor area | lap pool and gym included This property positions a buyer with a rare combination in Darwin’s apartment market: a genuinely spacious two-bedroom floor plan at 130 square metres, paired with two secure car parks on title. The seventh-floor orientation over Edmunds Street delivers harbour and city views that support ongoing rental demand, while the building’s lap pool and gym reduce the need for external lifestyle spending. It suits an investor targeting the suburb’s 6.8% rental yield or a first-home buyer wanting a lock-and-leave home with parking for two vehicles and no strata surprises from bushfire or flood overlays. The main risk is the 2021 purchase price of $370,000 against a current valuation of $435,000, meaning the seller may hold firm near the $440,000 ask despite a comparable unit selling for $430,000 in February 2026. A buyer should negotiate from that comparable, not the asking band. The 4G mobile coverage and absence of heritage or flood issues lower due-diligence cost. Hold this property for its parking allocation and floor area advantage-both are hard to replicate in Darwin City’s newer builds.