1 Shepherd Street,
Darwin City, NT 0800

Secure yourself an early Christmas present and really smart long term investment

Prime Blue Chip Location

Perfect mid-sized Darwin City CBD zoned development site

Potential for solid holding income with existing elevated dwelling boasting 4 bedrooms upstairs, downstairs designed as an office/retail space & 14 carparks in hot demand from nearby businesses

Area under title is 720 square metres with no easements Zoned CB (Central Business)

Close proximity to Darwin's amenities & attractions

Being offered with vacant possession

Don't miss this opportunity to land bank a premium Darwin CBD site at an opportune time in the property cycle with solid holding income

Make no mistake this asset must be sold at or before Auction.

Auction: Saturday December 8th @ 10am On-Site
Unimproved Capital Value (U.C.V.) as per title $1,380,000
Council Rates: $7,250 per annum (approx.)
Year Built: Pre 75C new permit to occupy issued 1980
Area Under Title: 720M2
Zoning: CBD
Status: Vacant Possession
Conveyancer: Cozens Johansen Lawyers
Settlement period: 30 days
Deposit: 10% or variation on request
Easements as per title: NIL