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97 Mitchell Street, DARWIN CITY NT
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97 Mitchell Street, DARWIN CITY NT

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97 Mitchell Street, DARWIN CITY

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Floor Area 1m²
Land Area 2020m²
18

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Property Details

Property Type
Land/Development

Other

Hotel/Leisure

Land 2020m²

Floor 1m²

Parking 18

Prime CBD hotel with development upside

Highlights

  • Prime CBD Development site 2,020sqm
  • Includes Capitano's Hotel going-concern
  • Building recently fully refurbished

    • 97 Mitchell Street is in a prominent location within the CBD core, only 600 metres to the Smith Street mall. Mitchell Street is parallel to The Esplanade and Smith Street, the subject property is located on the north-western side of Mitchell Street near the Daly Street entrance to the CBD.

    This attractive offering includes both the freehold property and going concern interests of the 'Capitanos' Hotel. The subject property is a two-storey 35-room hotel including a reception area, pool and 14 car parks. The building and accommodation presents very well having been recently fully refurbished. There is an additional vacant area at the front of the building of 150m� (approx.) that was previously a bar, and is currently a shell that can be fitted out or repurposed.

    The property also has development approval for a third level and an additional 17 rooms for an operator to maximise the return.

    The rectangular shaped site is zoned Central Business (CB) and is 2,020m� positioned in the Darwin CBD core area with a 90-metre height limit, making it an outstanding site for future development.

    For more information please contact Ryan Doyle 0405 192 389 or David Loy 0418 897 104 at LJ Hooker Commercial North.

    Property Brochures

    • Property ID W8NGWU

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    For Sale

    Please Call

    Property Details

    Property Type
    Land/Development

    Other

    Hotel/Leisure

    Land 2020m²

    Floor 1m²

    Parking 18

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    Ryan Doyle

    Director | Commercial Sales & Leasing

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    David Loy

    Licensee | Managing Director

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