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97 Mitchell Street Darwin City, NT 0800

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97 Mitchell Street,
Darwin City, NT 0800

Hotel, Motel & Leisure • Development Sites & Land

Price information

Sold

$7,000,000

Key property information

Land area

Floor area

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Map of 97 Mitchell Street

Directions

Prime CBD OPPORTUNITY!

2,020sqm site with existing hotel & bar in operation in high profile location.

Perfectly positioned on Darwins renowned Mitchell street making it a great addition to any future land bank.

The block represents a great opportunity to develop high density residential or commercial or a combination of both.

Existing leases to established businesses offer a great opportunity for investors who are after strong cash flow for the foreseeable future, but also for developers who are looking for long term upside in a property which has landmark development potential.

Key Features:
Landmark CBD property
Genuine blue chip location
Existing Bar & 36 Room Hotel in operation
High performing existing businesses provide solid yield
Zoned CB offering enormous development potential

Property ID: 502344330Last Updated: 25 Oct 2021

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97 Mitchell Street
Darwin City, NT 0800
Real Estate Central Projects - Commercial
39 Cavenagh Street
DARWIN CITY, NT 0800

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