Added 6 days ago
Development House, 76 Esplanade,
Darwin City, NT 0800
Offices • Development Sites & Land
Added 6 days ago
Key property information
Land area
Floor area
Tenure type
Private inspections
to arrange a private inspection.
McGees Property - Darwin
Level 1, 22 Harry Chan AvenueDARWIN CITY, NT 0800
Development House, 76 Esplanade
Darwin City, NT 0800
Map of Development House, 76 Esplanade
Bus stops within 5 km of Development House, 76 Esplanade, Darwin City, NT 0800 Distance Crowne Plaza 267 m Ducks Nuts 424 m Woolworths 461 m Greyhound Bus Stop Darwin 499 m Darwin Interchange 511 m POWERED BY HERE ©
POWERED BY HERE ©
TROPHY CBD ESPLANADE ASSET - 100% LEASED TO NT GOVERNMENT
An exceptional Esplanade investment opportunity is offered to the market with Development House, a landmark commercial office asset of rare scale, quality and prestige within one of Darwin's most tightly held and coveted harbour front CBD locations.
Prominently positioned on the Darwin Esplanade, the building commands sweeping harbour views and benefits from irreplaceable frontage along one of the city's most prestigious addresses. Immediate proximity to major government, commercial, retail and institutional hubs reinforces its strategic importance within the Darwin CBD landscape.
Anchored by a long-term lease to the Northern Territory Government extending through to 2032, the asset delivers exceptional income security underpinned by a strong, blue-chip covenant and occupation by multiple high-value government departments. Extensively refurbished in 2021 and impeccably presented, Development House combines commanding presence with modern functionality, positioning it as a premier CBD office holding and trophy asset within the Darwin market.
With its unquestionable lease covenant, trophy Esplanade positioning and compelling long-term strategic upside, Development House represents a genuine blue-chip investment opportunity within Darwin's most prestigious CBD precinct.
Key features of this amazing opportunity:
• Leased to a blue-chip tenant - NT Government
• 100% occupancy status
• 10 year Lease, expiring in 2032
• $3.76m in recent capital upgrades
• Significant tenant investment into quality fitouts
• 4.5 Star NABERS rated
• Excellent depreciation benefits
• 30x Basement and On grade parks
• New end of trip facilities
• Long term redevelopment upside leveraging premium Esplanade location
For sale via expression of interest closing 11th March 2026 4PM ACST
For further information or to arrange an inspection, please contact the exclusive marketing agents at McGees Property.
Craig Inkster
Ph 0414 550 7...
Tessa Sealey
Ph 0458 628 3...
*Measurements and areas are approximate
Prominently positioned on the Darwin Esplanade, the building commands sweeping harbour views and benefits from irreplaceable frontage along one of the city's most prestigious addresses. Immediate proximity to major government, commercial, retail and institutional hubs reinforces its strategic importance within the Darwin CBD landscape.
Anchored by a long-term lease to the Northern Territory Government extending through to 2032, the asset delivers exceptional income security underpinned by a strong, blue-chip covenant and occupation by multiple high-value government departments. Extensively refurbished in 2021 and impeccably presented, Development House combines commanding presence with modern functionality, positioning it as a premier CBD office holding and trophy asset within the Darwin market.
With its unquestionable lease covenant, trophy Esplanade positioning and compelling long-term strategic upside, Development House represents a genuine blue-chip investment opportunity within Darwin's most prestigious CBD precinct.
Key features of this amazing opportunity:
• Leased to a blue-chip tenant - NT Government
• 100% occupancy status
• 10 year Lease, expiring in 2032
• $3.76m in recent capital upgrades
• Significant tenant investment into quality fitouts
• 4.5 Star NABERS rated
• Excellent depreciation benefits
• 30x Basement and On grade parks
• New end of trip facilities
• Long term redevelopment upside leveraging premium Esplanade location
For sale via expression of interest closing 11th March 2026 4PM ACST
For further information or to arrange an inspection, please contact the exclusive marketing agents at McGees Property.
Craig Inkster
Ph 0414 550 7...
Tessa Sealey
Ph 0458 628 3...
*Measurements and areas are approximate
Darwin City, 0800 demographic data
The median household income for Darwin City is $2,151, 3% lower than Greater Darwin's household income of $2,209. Darwin City has a younger age profile compared to the rest of Greater Darwin (median age 33 vs 34). Property ownership data shows 64% of property owners in Darwin City have a mortgage.
7,149
Population
$2,151 per week
Median household income
33 years
Median age
Renters
Most residents
Families
Most households
McGees Property - DarwinLevel 1, 22 Harry Chan Avenue
DARWIN CITY, NT 0800
DARWIN CITY, NT 0800
More properties from McGees Property - Darwin
Other properties you might be interested in based on the location and property type you are looking at.
Contact McGees
20/119 Reichardt Road,Winnellie, NT 0820 89 m²Offices • Showrooms & Large Format Retail • Warehouse, Factory & Industrial
Contact McGees
16 Albatross Street,Winnellie, NT 0820 1880 m²Warehouse, Factory & Industrial • Offices