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.

Category Land/Development
Building 1302 m2
Land Area 1302 m2
Cars

Frank Schembri

Call: 0889812666
Mobile: 0425 254 641