Travelodge Resort Darwin, 64 Cavenagh Street,
Darwin City, NT 0800
Hotel, Motel & Leisure • Development Sites & Land • Other
Key property information
Land area
Floor area
Car spaces
Property extent
Tenure type
Sold on
Savills - Sydney CBD
Level 25, 1 Farrer PlaceSYDNEY, NSW 2000
Travelodge Resort Darwin, 64 Cavenagh Street
Darwin City, NT 0800
Map of Travelodge Resort Darwin, 64 Cavenagh Street
Travelodge Resort Darwin – CBD Resort Hotel with Vacant Possession and Exceptional Alternate Use Opportunity
- Freehold hotel with VP & trading upside
- 1.31Ha site, student accomm. opportunity
- Immediately adjacent to new CDU Campus
*** Under Offer ***
Savills and Knight Frank are pleased to be exclusively appointed to offer for sale Travelodge Resort Darwin, located at 64 Cavenagh Street, Darwin. This presents a rare opportunity to purchase a 224-room hotel on a 1.31 Hectare site available with vacant possession in the Darwin CBD.
Investment Highlights:
• 224-room hotel including 32 townhouses
• Unrivalled central location opposite the new Charles Darwin University campus
• Potential to convert to student accommodation in a market severely short of supply
• Darwin is Australia’s tropical gateway destination and primed for growth
• 1.31 Hectare freehold land parcel in Darwin CBD
• Zoned ‘Central Business’ permitting a wide range of alternate uses including ‘dwellings” and allows for 90m height limits.
For Sale via Expression of Interest closing 1pm (AEST) Thursday 25th of July 2024.
Please reach out to the agents listed here.
Savills and Knight Frank are pleased to be exclusively appointed to offer for sale Travelodge Resort Darwin, located at 64 Cavenagh Street, Darwin. This presents a rare opportunity to purchase a 224-room hotel on a 1.31 Hectare site available with vacant possession in the Darwin CBD.
Investment Highlights:
• 224-room hotel including 32 townhouses
• Unrivalled central location opposite the new Charles Darwin University campus
• Potential to convert to student accommodation in a market severely short of supply
• Darwin is Australia’s tropical gateway destination and primed for growth
• 1.31 Hectare freehold land parcel in Darwin CBD
• Zoned ‘Central Business’ permitting a wide range of alternate uses including ‘dwellings” and allows for 90m height limits.
For Sale via Expression of Interest closing 1pm (AEST) Thursday 25th of July 2024.
Please reach out to the agents listed here.
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
Savills - Sydney CBDLevel 25, 1 Farrer Place
SYDNEY, NSW 2000
SYDNEY, NSW 2000
Knight Frank (NT) - Darwin46 Smith Street Mall
DARWIN CITY, NT 0800
DARWIN CITY, NT 0800