If you use ImportantInstance.GetTransform then that will tell you the origin and basis xyz as it relates to the internal co-ordinate system of Revit.
There are two problems with this, as far as I can tell:
1) The coordinate system is curtailed compared to the original DWG file, so I believe it is not a reflection of 0,0,0 in the dwg file (is probably centre of visible content brought in).
2) If you insert it on a section view the basis xyz will tell you it's the same as when you insert it on a plan i.e. identity. So the basis does not tell you what it should and I'm unsure how Revit knows it's direction (probably it is just not exposed to API).
I think (1) above just relates to how Revit works compared with AutoCAD. In AutoCAD you place the content in relation to the world in Revit you place the world in relation to the content (content is within a much more limited co-ordinate system with relative offsets that relate it to a larger system). So DWG is curtailed to fit this.