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Knight Frank (NT) - Darwin

Travelodge Resort Darwin, 64 Cavenagh Street Darwin City, NT 0800

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Travelodge Resort Darwin, 64 Cavenagh Street,
Darwin City, NT 0800

Hotel, Motel & Leisure • Development Sites & Land • Other

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Knight Frank (NT) - Darwin
Matthew Knight
Peter McVann

Knight Frank (NT) - Darwin

46 Smith Street Mall
DARWIN CITY, NT 0800
Knight Frank (NT) - Darwin
Travelodge Resort Darwin, 64 Cavenagh Street
Darwin City, NT 0800

Map of Travelodge Resort Darwin, 64 Cavenagh Street

Directions

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.

Darwin City, 0800 demographic data

7,149
Population
$2,151 per week
Median household income
33 years
Median age
Renters
Most residents
Families
Most households

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