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Air Raid Arcade, 35 Cavenagh Street Darwin City, NT 0800

Air Raid Arcade, 35 Cavenagh Street,
Darwin City, NT 0800

Shops & Retail

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$2,700,000

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Air Raid Arcade – Iconic Darwin Investment with Solid Return

The Air Raid Arcade sits on an 845 sqm of land with 1,239sqm of leasable area which comprises of a two storey retail/hotel building. The Air Raid Arcade has both frontage to Cavanagh Street and the trendy Austin Lane.

The property is currently 90% occupied with 15 tenants in place. The building has a mix of different tenancies ranging from food and beverage, electronics, fashion, retail office and beauty. The second story of the property is leased to a single occupier who runs a hostel/motel.

This property offers an investor a healthy yield coupled with a prime iconic CBD location.

For more information call Seth on 04111788... or Ernie on 0418862888

Property ID: 502427726Last Updated: 30 Nov 2017

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04111788...
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Air Raid Arcade, 35 Cavenagh Street
Darwin City, NT 0800
Chin Property Group - CULLEN BAY
20/48 Marina Boulevard
CULLEN BAY, NT 0820

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