Share this property

Air Raid Arcade, 35 Cavenagh Street Darwin City, NT 0800

Sold

Air Raid Arcade, 35 Cavenagh Street
Darwin City, NT 0800

Shop & Retail
Sold Price

$2,700,000

Land area

845.0m²

Floor area

1239.0m²

Property extent

Whole

Zoning

CB (Central Business)

Municipality

Darwin Municipality

Tenure type

Tenanted Investment

Sold on

01 Nov 2017

Air Raid Arcade – Iconic Darwin Investment with Solid Return

The Air Raid Arcade sits on an 845 sqm of land with 1,239sqm of leasable area which comprises of a two storey retail/hotel building. The Air Raid Arcade has both frontage to Cavanagh Street and the trendy Austin Lane.

The property is currently 90% occupied with 15 tenants in place. The building has a mix of different tenancies ranging from food and beverage, electronics, fashion, retail office and beauty. The second story of the property is leased to a single occupier who runs a hostel/motel.

This property offers an investor a healthy yield coupled with a prime iconic CBD location.

For more information call Seth on 0411178888 or Ernie on 0418862888

Property ID: 502427726Last Updated: 30 Nov 2017

0411 *** ***
Air Raid Arcade, 35 Cavenagh Street
Darwin City, NT 0800

Agency contacts

Chin and Associates -  Cullen Bay

View Profile

Chin and Associates - Cullen Bay

12/68 Marina Blvd
CULLEN BAY, NT 0820
progress tick

Sending email...

Email enquiry

Send to:

Seth Chin
Chin and Associates - Cullen Bay
Air Raid Arcade, 35 Cavenagh Street Darwin City, NT 0800

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

Kind Regards,

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Select agent to call