48 Cavenagh Street is another example of Alfasi Property matching up tenant requirements in the booming Darwin market for short term accommodation with arguably the best site in the Darwin CBD. Stage one of two stages will see a 17 level serviced apartment building comprising 143 rooms. The building will also comprise ground floor retail tenancies including Australia Post, two levels of above ground car parking, and a pool deck, gym and back of house facilities on Level 3. Typical levels 4 – 16 each comprise 11 serviced apartments. With a gross building area of approximately 14,700sqm, the proposed building is designed by Architectus. The property is strategically located in the heart of Darwin’s CBD and will therefore be perfectly placed to capitalise on the increasing flow of workers and visitors to the region seeking short term accommodation options.