58 Aralia Street,
Nightcliff, NT 0810

9 radial km’s north of the Darwin Central Business District. Nightcliff is the western most of Darwin’s northern suburbs. With waterfront foreshore to the north and to the west Nightcliff offers extensive costal reserve and beachside amenities including walking/cycling paths, exercise stations, public swimming pool.

58 Aralia Street is an 11km journey from the Darwin post office with an estimated travel time of 15 minutes.

58 Aralia Street is a multi-use commercial property with 100% occupancy. Fronting the Aralia Street service lane is Taj Curry Indian restaurant with 295m² of internal area with a quality commercial kitchen in place with a capacity of 130 seats and a liquor license. The area has three toilets and two separate areas for seating.

Additionally, there are three apartments fronting Jacaranda Avenue, one three-bedroom apartment and two, two-bedroom apartments that have recently been refurbished. All are leased, totaling $60,320 per annum, and with courtyards at the rear of the building and available parking.

The current nett return is $100,670 (excl. GST) with the restaurant leased at $60,000 net + GST per annum and on a five year Lease expiring in December, 2025.

For sale via 'Public Auction' Wednesday the 6th of September, 2023 at 3pm, onsite (unless sold prior).

The site is 788m² of Commercial (C) zone land with three street frontage, and the building area totaling 620m² (approx.).

For more information please contact exclusive marketing agents, Ryan Doyle 0405 192 3... or Lee Doyle 0403 348 2....