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31 George Crescent Fannie Bay, NT 0820

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31 George Crescent,
Fannie Bay, NT 0820

Other • Hotel & Leisure

Price information

Sale - Auction

AUCTION

Key property information

Land area

Floor area

Car spaces

Tenure type

Map of 31 George Crescent

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Land-Bank with Income!

  • A premium 1,030 m2 corner block
  • 25 bedrooms + caretakers flat
  • 11 onsite car parks
Iconic ‘Bayview Lodge', a Fannie Bay landmark, on a premium 1,030m2 corner block with dual street access; zoned MD for multiple dwellings - this is an excellent investment opportunity in an established accommodation house with income, with future development potential, and/or alternative uses to explore.

Positioned on a prime Fannie Bay site with dual street access and 11 onsite car parks; this double storey boarding house consists of 25 bedrooms, self-contained caretakers flat, and communal facilities including kitchen, coin-operated laundry, games room, lounge, female and male bathroom facilities, outdoor spa, and landscaped fenced gardens.

Each bedroom is air-conditioned and consists of a bed, wardrobe, fridge and television; and ‘Bayview Lodge' is fully approved and registered as a Boarding House, as well as a Commercial Visitor Accommodation Business.

There is the opportunity to live onsite and continue to run as a ‘going concern', whilst benefiting from the wonderful lifestyle this location and surrounds offers…just perfect for a sea-changing single or couple!

Bayview Lodge is located within walking distance to East Point Reserve, Darwin Sailing Club, Fannie Bay, Sunset Beach, local shops and cafes; as well as being in close proximity to local schools, turf club, sporting facilities, and approximately 10 minutes to Darwin CBD.

Land-banking investors, developers, sea-changers seeking a lifestyle with income, or operators looking for a prime site to run an alternate accommodation style business - should take a serious look at this very unique opportunity.

Subject to relevant approvals there is a variety of possible future scenarios, and in this blue-chip bayside location - the potential for significant capital gain is crystal clear!

If you have any interest at all, you will need to contact Nick Syrimi immediately - do not wait a second, as an opportunity as rare as this one is most certainly one well worth considering… Can you even imagine what this site will be worth in the years to come!

Auction Location: On Site

Area Under Title: 1,030m2
Council Rates: $4,140 Per Annum (Approximately)
Easements: None Found
Vendors Conveyancing Agent: Darwin Conveyancing
Year Built: Circa 1969
Zoning: MD (Multiple Dwelling)

Property ID: 503391794Last Updated: 3 Dec 2019

0412 *** ***
31 George Crescent
Fannie Bay, NT 0820

Agency contacts

Ray White Commercial (NT) - DARWIN
Ray White Commercial (NT) - DARWIN
1, 43 Cavenagh Street
DARWIN CITY, NT 0800
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Nick Syrimi
Ray White Commercial (NT) - DARWIN
31 George Crescent Fannie Bay, NT 0820

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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