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

This well appointed 2 bedrooms and 2 bathrooms serviced apartment is currently leased on a long term basis to Metro Hotels with an option to extend is perfect for those wanting to not have to do any work and be paid on the monthly every month regardless if it is occupied or not.

Located smack in the middle of the CBD on Cavenagh Street this apartment is the perfect stay for tourists Business persons and Families travelling to Darwin.

Just a few streets away from everything including Mitchell Street well known venues, Darwin Entertainment Centre and restaurants, Smith Street Mall, Darwin Waterfront Precinct, wave pool and Darwin Convention Centre, Parliament House, Darwin Museum and much more.

Features Include:
* Set & forget investment until 2027 with option to extend!
* Suitable to accommodate up to 5 guests
* 2 bedrooms, 1 bathroom and 1 ensuite
* Fully Furnished, owned and maintained by the hotel
* Modern & neat living
* Air conditioned throughout
* Pool and Gym located in complex

Year Built: 2004
Area on Title: 95m2
Body Corp Manager: Network Pacific Strata Management
Body Corp Fees: $719.46 including sinking fund p.q. (approx.)
Council Rates: $1,650.00 p.a. (approx.)
Property Status: Leased at approx. $1,379.55 per month every month