99 Mitchell Street Darwin City NT 0800

LJ Hooker Commercial North are proud to offer this 99 Mitchell Street to the market for Sale by way of Expressions of Interest, closing 5pm on Wednesday 14 May 2025.

Mitchell Street is one of the most sought after streets in Darwin City, It links the northern and southern ends of the CBD and extends through Larrakeyah to the top of Cullen Bay to the north. Parallel to The Esplanade and Smith Street, the subject property is located on the north-western side of Mitchell Street near the Daly Street entrance to the CBD.

Mitchell Street is renowned as Darwin's entertainment precinct, this strip includes many hotels, restaurants and bars. 99 Mitchell Street is less than 100 metres from the Darwin Performance Arts Centre and 450 metres from Crocosaurus Cove.

99 Michell Street is a 2.020 square metre parcel of Central Business (CB) zoned land, it has a frontage of 31.8 metres to Mitchell Street and a depth of 63.8 metres.

This property is fenced and sealed with concrete, it includes some lightweight buildings, the site is currently rented to a car hire company.

The property is lease to Bargain Car Rentals, the current lease commenced on 11th November 2024, it is a three year lease for $91,763.66 plus GST per annum gross. The annual outgoings are $27,499.78 making the nett anual income $64,263.88.

99 Mitchell Street is zoned Central Business (CB) under the NT Planning Scheme. The Central Business zoning in Darwin is the most expansive and intensive zoning in the Northern Territory.

For more information or to discuss this property please contact Lee Doyle 0403 348 243 or Michael Coleman 0417 826 164.