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87 Mitchell Street, Darwin City, NT, 0800

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87 Mitchell Street, Darwin City, NT, 0800

87 Mitchell Street, Darwin City, NT, 0800

Properties / Buy / Northern Territory / Darwin City
Investment Potential

1. Property Summary

Selling Method
EOI
Selling Details
Closing 4pm Thursday 19 September 2024 (ACST)
Land Area
2,030 m² (*approx)
Floor Area
5245 m² (*approx)
Property Type
Offices, Hotel/Leisure, Other
Sub-type
Office Suites
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2. Property Highlights

CBD Office Building with Repositioning Opportunity
  • 5,245sqm over 5 levels
  • Secure basement with 56 car parks
  • Significantly below replacement cost

CBRE and Knight Frank are excited to bring this high-quality property to market nestled in the heart of Darwin's CBD.

Just a short distance from the Stuart Highway/Tiger Brennan Drive, 87 Mitchell Street is among Darwin's lively entertainment and business precinct which is already undergoing major refurbishments and upgrades.

The Darwin Commercial property market has experienced a strengthening over the last few years driven by Defence and major projects including Energy, Oil & Gas. The latest figures provided by Knight Frank Research shows a current vacancy rate in Premium and A-Grade space of only 1.88% highlighting the need for quality office accommodation in Darwin's CBD.

Key property highlights include:

- 5,245sqm (approx) over 5 levels

- Secure basement and at-grade carparking for 56 vehicles

- Significantly below replacement cost

- Prominent 2,030sqm (approx) site in Darwin CBD with harbour views

- Zoned CB – Central Business

Expression of Interest closing 4pm Thursday 19 September 2024 (ACST)

For all enquiries, please contact:

Alistair Laycock (CBRE): 0412 136 011

Matthew Knight (Knight Frank): 0413 058 020

Ian Thomas (CBRE): 0401 715 520

Peter McVann (Knight Frank): 0412 833 276

Remember to mention you found this property on CommercialReady

Read More
Investment Potential

1. Property Summary

Property Type
Offices, Hotel/Leisure, Other
Sub-type
Office Suites
Land Area
2,030 m² (*approx)
Floor Area
5245 m² (*approx)
Selling Method
EOI
EOI Closing Date
19 Sep 2024 04:00PM
Selling Details
Closing 4pm Thursday 19 September 2024 (ACST)

2. Property Highlights

CBD Office Building with Repositioning Opportunity
  • 5,245sqm over 5 levels
  • Secure basement with 56 car parks
  • Significantly below replacement cost

CBRE and Knight Frank are excited to bring this high-quality property to market nestled in the heart of Darwin's CBD.

Just a short distance from the Stuart Highway/Tiger Brennan Drive, 87 Mitchell Street is among Darwin's lively entertainment and business precinct which is already undergoing major refurbishments and upgrades.

The Darwin Commercial property market has experienced a strengthening over the last few years driven by Defence and major projects including Energy, Oil & Gas. The latest figures provided by Knight Frank Research shows a current vacancy rate in Premium and A-Grade space of only 1.88% highlighting the need for quality office accommodation in Darwin's CBD.

Key property highlights include:

- 5,245sqm (approx) over 5 levels

- Secure basement and at-grade carparking for 56 vehicles

- Significantly below replacement cost

- Prominent 2,030sqm (approx) site in Darwin CBD with harbour views

- Zoned CB – Central Business

Expression of Interest closing 4pm Thursday 19 September 2024 (ACST)

For all enquiries, please contact:

Alistair Laycock (CBRE): 0412 136 011

Matthew Knight (Knight Frank): 0413 058 020

Ian Thomas (CBRE): 0401 715 520

Peter McVann (Knight Frank): 0412 833 276

Remember to mention you found this property on CommercialReady

Read More
Investment Potential

3. Property Location

87 Mitchell Street, Darwin City, NT, 0800

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