Issue 54 | The Property Development Review

Property Listings – NT

THE PROPERTY DEVELOPMENT REVIEW

Travelodge Resort Darwin, Darwin City NT CBD Resort Hotel with Vacant Possession and Exceptional Alternate Use Opportunity

For Sale 64 Cavenagh Street, Darwin City NT

 224-room hotel including 32 townhouses  Unrivalled central location opposite the new Charles Darwin University campus  Potential to convert to student accommodation in a market severely short of supply  Darwin is Australia’s tropical gateway destination and primed for growth  1.31 Hectare freehold land parcel in Darwin CBD  Zoned ‘Central Business’ permitting a wide range of alternate uses including ‘dwellings” and allows for 90m height limits. For Sale via Expressions of Interest closing 1pm (AEST) Thursday 25 July 2024

Knight Frank Peter McVann 0412 833 276 peter.mcvann@au.knightfrank.com

Savills Mark Durran 0412 248 243 mark.durran@savills.com.au

Paul Savitz 0434 613 894 psavitz@savills.com.au

July / August 2024 – 95

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