Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A
NIY N/A
Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A
NIY N/A

Attributes

Building Area
Land Area ()

Asset Description

NTC Property & JLL, under instructions from the Agents for the Mortgagee in Possession (KordaMentha), are pleased to offer for sale 33 Cavenagh Street, Darwin NT.


33 Cavenagh Street Darwin, Lot 2328 from plan(s) OP 001210A, is a well-positioned property rich in history and comes with future development potential (STA). Built in the late 1800’s, the property is associated with the establishment of the Chinese community many years ago. It is now heritage listed and known to the locals as Stone Houses.


The property benefits from frontage to Austin Lane and Spain Place and is located in one of the most active areas of the Darwin CBD, with the activation and enhancement of certain laneways a priority of the Northern Territory Government.


The building is currently 100% occupied by 4 tenants and there is a residual land component of approximately 1,100sq.m which may be suitable for future development (STA).

Investment Highlights

Key features of the property include:

- Gross Income $120,000* per annum

- 1,861sq.m* regular shaped allotment

- Character heritage listed improvements

- GLA 500sq.m*

- Major tenant being Stone House Wine Bar & Kitchen

- Negotiations in place with incumbent tenants improving the lease profile

- Flexible Central Business (CB) zoning

- On-grade car bays

- Three street frontages

- Potential redevelopment or repositioning opportunity (STA)

- Heritage listed property

*Approximate


33 Cavenagh Street, Darwin is offered for sale via Expressions of Interest closing Thursday, 18 November 2021 at 4pm (ACST). It is being offered for sale separately or 'in one line' with 56 Smith Street, Darwin.


For more information or to arrange an inspection, please contact exclusive marketing agents, NTC Property or JLL.

Last Updated Date: 18 Oct 2021

There was an error submitting your request. Please try again, or submit you inquiry here.

 

PRIVACY NOTICE

Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.

Last Updated Date: 18 Oct 2021

¿Tiene alguna duda?  Visite nuestra página de Preguntas Frecuentes

JLL  financing

JLL can help you finance and manage your portfolio.
Email us today to see how we can help achieve your ambitions.