64 Cavenagh Street Darwin City NT 0800

Hotel, Motel, Pub & Leisure
10,105 m²
Expressions of Interest

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

Freehold hotel with VP & trading upside
1.31Ha site, student accomm. opportunity
Immediately adjacent to new CDU Campus

Savills and Knight Frank are pleased to be exclusively appointed to offer for sale Travelodge Resort Darwin, located at 64 Cavenagh Street, Darwin. This presents a rare opportunity to purchase a 224-room hotel on a 1.31 Hectare site available with vacant possession in the Darwin CBD.

Investment Highlights:

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 Expression of Interest closing 1pm (AEST) Thursday 25th of July 2024.

Please reach out to the agents listed here.

EXPRESSION OF INTEREST

Add to Calendar

Closing date and time	25/07/2024 13:00
Recipient name	Ask Agent
Delivery address	Expressions of Interest

Property Highlights

Floor Area	10,105 m²
Land Area	1.31 ha
Parking	115 x Onsite parkings
Building Type	Whole building
Annual Return	Ask Agent
Availability	Vacant
Property ID	2019317643
Category	Hotel, Motel, Pub & Leisure Development / Land Other
Last updated	21 Jun 2024

Map for 64 Cavenagh Street Darwin City NT 0800

Property Highlights

Floor Area	10,105 m²
Land Area	1.31 ha
Parking	115 x Onsite parkings
Building Type	Whole building
Annual Return	Ask Agent
Availability	Vacant
Property ID	2019317643
Category	Hotel, Motel, Pub & Leisure Development / Land Other
Last updated	21 Jun 2024