Darwin's property market is growing extraordinarily fast and with almost 5,000 residential apartments under construction or approved for construction now is the chance to secure this mixed use property.

Situated only bustling Knuckey Street and only metres from the Smith Street Mall and Cavenagh Street, the property could not be in a better location.

The property is a two storey building with Moorish Café as the ground floor tenant and upstairs currently used for residential purposes. Moorish Café have a lease in place, expiring in one year with a five year option available. Whilst upstairs is currently leased on a month to month basis and can be offered with vacant possession.

The property has two street frontages with access for the ground floor and upper level from both streets. The property sits on a 283sqm site and a Gross Lettable Area (GLS) totalling approximately 540sqm.

Ground Level (Moorish Café): GLA 270sqm (approx.)

Upper Level: 270sqm (approx.)

Upstairs does have the flexibility to be used for residential purposes, office accommodation or a mix of both.

Not very often does an affordable opportunity like this come to the market. Astute purchasers/investors have an opportunity to secure this prime bit of real estate with endless potential.

Please note, the Moorish Café business is not for sale and inspections need to be arranged through the exclusive agent.

Information Memorandums and due diligence material available on request.

Expressions of Interest close at 4pm Thursday 17 July 2014 (unless sold prior).

To arrange an Inspection please contact the exclusive agent Nigel Sharp (0422 275 920)