FOR SALE
EOI closing 10 May 2024

2445/9 Daly Street
Darwin City NT 0800

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1260m2
Land area: 1260m2
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CBD Development site with approved Liquor and Gaming Licences

Daly Street is one of the main entrances into the Darwin CBD.
9 Daly Street is positioned between Smith Street and Mitchell Street on the northwestern side of the Darwin CBD. This location adjoins the highly sought after and densely populated suburb of Larrakeyah.
9 Daly Street is a 1,260 square metre parcel of Central Business zoned land, this site offers a 32 metre frontage to Daly Street and a depth of 40 metres. This property is cleared of improvements with the whole property covered with concrete.
This property has previously held a development approval for an eight story building including 40 duel key two bedroom apartments and 20 three bedroom apartments. There is current interest from a reputable serviced apartment operator for a long term lease on the 40 duel key serviced appartments.
There an an ability to reassess the development scope depending on your preferred concept.
This property offers a high profile location in the Darwin CBD with a freehold land component with the bonus of approved and current Liquor Licence and associated Gaming Licence.
LJ Hooker Commercial North are seeking Expressions of Interest from interested parties on or before the Close Date of 10th May 2024. The owner of this property reserves the right to enter a Contract of Sale with a suitable purchaser prior to the close date.
Call Lee Doyle 0403 348 243 or Ryan Doyle 0405 192 389 for more information.

Property Details for 2445/9 Daly St, Darwin City

Building Type
Commercial
Floor Size
1260m2
Land Size
1260m2

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About Darwin City 0800

The population of Darwin City in 2011 was 4,545 people. By 2016 the population was 6,479 showing a population growth of 42.6% in the area during that time. The predominant age group in Darwin City is 20-29 years. Households in Darwin City are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Darwin City work in a professional occupation. In 2011, 26.6% of the homes in Darwin City were owner-occupied compared with 22.8% in 2016.

Darwin City has 5,362 properties. Over the last 5 years, Houses in Darwin City have seen a 12.95% increase in median value, while Units have seen a 22.09% increase. As at 30 September 2024:

  • The median value for Houses in Darwin City is $543,443 while the median value for Units is $419,217.
  • Houses have a median rent of $600 while Units have a median rent of $600.
There are currently 75 properties listed for sale, and 59 properties listed for rent in Darwin city on OnTheHouse. According to CoreLogic's data, 297 properties were sold in the past 12 months in Darwin city.

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Lj Hooker Commercial North Nt
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