Skip to main content
SearchBack to results

10/68A Esplanade Darwin City NT 0800

  • Shop & Retail
  • 1,428 m²
  • For Sale, $4,000,000 (GST na)

ICONIC BUILDING ON HIGH PROFILE CORNER ONLY F+B OFFERING ON THE ESPLANADE

  • PRIME INVESTMENT OPPORTUNITY
  • OFFERING ONE OF DARWIN’S BEST VIEWS
  • LEASEBACK OPPORTUNITY TO CHAR RESTAURANT

Chin & Associates are pleased to offer the iconic Char Restaurant building at 10/68A Esplanade for sale.

PRIME INVESTMENT OPPORTUNITY

UNRIVALED FRINGE CBD LOCATION FRONTING THE ESPLANADE AND OFFERING ONE OF DARWINS BEST HOSPITALITY LOCATIONS WITH UNRIVALED VIEWS

LEASEBACK OPPORTUNITY TO CHAR RESTAURANT PROVIDING STRONG TENANT COVENANT AND STRONG INCOME STREAM

This outstanding freehold building represents the ultimate opportunity to secure a foothold on Darwins historic precinct fronting the Esplanade waterfront immediately adjacent to Bicentennial Park with the advantage being zoned CB Central Business.

The property is held on a volumetric lot comprising a 1,650sqm land parcel with an enormous dual street frontage totalling approximately 105 metres.

Key investment highlights are as follows:

- Freehold building with priceless retail frontage to the Esplanade and Knuckey Street

- Ample off-street parking along the Esplanade and Knuckey Street

- Potential for future refurbishment or redevelopment, subject to heritage compliance with substantial building envelope allowance permitted within planning regulations. There is an existing Development Application for Admiralty House to expand the tenancy footprint

- Sale and Leaseback arrangement to the renowned Char Restaurant by restaurateur and nationally recognised beef judge John Kilroy

- New 5 year lease offering a strong rental return with 2 x five year options

- Quality existing internal fitout with extensive external courtyard dining area

Chin & Associates strongly recommends this rare opportunity for your serious consideration.

For more information, please contact the exclusive selling agents Chin & Associates.

Seth Chin
0411 17 7888

Property Highlights

Property ID2015534392
Floor Area1,428 m²
Land Area1,650 m²
ParkingOn street parking
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  18 Feb 2020
Map for 10/68A Esplanade Darwin City NT 0800
Map for 10/68A Esplanade Darwin City NT 080010/68A Esplanade Darwin City NT 0800
  • Commercial loan calculator
  • powered by

Commercial Real Estate & Valiant have pulled some useful resources to help you on your journey. Kick things off with our commercial loan calculator to see estimated repayments.

  • Purchase price

    $
    4,000,000

  • Deposit available

    $
    123,456

  • Loan term

    30
    years

  • Interest rate

    3.00
    %

repayments

$0/month*

Find out your loan options

Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

Chin & Associates NT QLD
20/48 Marina Boulevard Cullen Bay NT 0820

More Shop & Retail for Sale in Darwin City NT

39 Stokes Hill Road Darwin City NT 0800
For SaleContact Agent
39 stokes hill road,darwin city, NT 0800
4,080 m²
Shop & Retail
5/8B Gardiner Street Darwin City NT 0800
For SaleOffers over $1,000,000 + GST
5/8b gardiner street,darwin city, NT 0800
321 m²
Shop & Retail
2/8B Gardiner Street Darwin City NT 0800
For Sale$340,000 + GST
2/8b gardiner street,darwin city, NT 0800
72 m²
Shop & Retail
Contact Agent