Darwin Transit Centre 69 Mitchell Street Darwin City NT 0800

Colliers on behalf of Jamie Harris and Anthony Connelly of McGrathNicol in their capacity as Receivers and Managers of GAJ Nominees Pty Ltd (Receivers and Managers Appointed) are pleased to exclusively offer for sale the Darwin Transit Centre located at 69 Mitchell Street, Darwin, NT, 0800.

Occupying a prominent corner site in the centre of Darwin's CBD, this significant holding offers a multitude of outcomes through either redevelopment, refurbishment or repositioning the existing tenant mix.

The key investment attributes are as follows:
- 7,740sqm* CBD landholding
- Significant holding income of approximately $1.4 million plus GST
- Dual street frontages with high exposure to passing traffic
- Diversified tenant mix including hospitality, tourism, retail-sector tenants
- Anchored by the renowned 'Shennanigans' tavern, an Australian Venue Co facility;
- 2 x licensed backpacker facilities with approximately 475 beds;
- Multiple development outcomes including subdivision or redevelopment with a 90 metre height limit (subject to Planning Commission approval).

The Darwin Transit Centre is being sold by Expressions of Interest closing 4:00pm, Thursday 22nd July 2021. For further information or to arrange an inspection please contact the marketing agents below.
*Approximately