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
Sold on
Map of 97 Mitchell Street
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
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
(08) 8943 30...
97 Mitchell Street
Darwin City, NT 0800
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