Commercial for Sale
Prime CBD Location
5 & 7 Cavenagh St DARWIN CITY NT$3,700,000
Description
Located on the corner of Cavenagh and Bennet Streets, Darwin City, is this 1,302sqm parcel of Prime CBD real estate.
Zoned Central Business and the Most ideal location for Darwins next multi storey development.
With the new CDU campus located approximately 400m from this site and due for completion in 2024, accommodation, will be paramount. This site lends itself to a multi use development including, residential, commercial, retail and hotel.
The site is currently utilsed for casual parking and two small tenancies exist on number 5. One trades as a coffee shop and the other bicycle repairs.
Development opportunities of this calibre are rarely presented.