OFF MARKET

12 Cavenagh Street
Darwin City NT 0800

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 230m2
Land area: 2790m2
Improve this data
We do not have enough data to display the calculated estimate for this property.
Share
Save

Property Details for 12 Cavenagh St, Darwin City

Building Type
Commercial
Floor Size
230m2
Land Size
2790m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 2376/OP 001210A

Last Listing description (May 2022)

Colliers are pleased to exclusively offer for sale The Cavenagh Hotel Freehold. This exceptional holding comprises 4,234sqm of improvements on a commanding 3,645smq land parcel with three street frontages in a prime CBD location.

The substantial CBD establishment includes a two level Hotel and Motel comprising two bars, gaming room with 20 gaming machines, indoor dining areas, drive through bottle shop and 80 accommodation rooms surrounding an in-ground swimming pool.

"The Cav" business as it is known locally, is recognised as an institution in the Top End. A popular destination for locals, tourists and the Darwin Business community. The extent and status of the freehold improvements and strength of the location underpin the security of the asset and provide certainty with the current and future performance of the leasehold.

* 27 years lease including options
* High quality tenant
* Strong performing business
* Secure income
* 3,645sqm* land parcel
* 3 street frontages
* Recently refurbished
* Central Business ( CB ) Zoning

approx.

The Cavenagh Hotel freehold is being sold at Auction 11.00am, Tuesday 5th April 2022. For further information or to arrange an inspection please contact the marketing agents.

Show More

Property History for 12 Cavenagh St, Darwin City, NT 0800

A timeline of how this property has performed in the market
Last Sold
$2,610,000
30 May 2001
Listed for Rent
$1.20k/w
26 Feb 2010
  • 28 Feb 2022
    Listed for Sale Withdrawn- Sold
  • 06 Mar 2009
    Listed for Rent - Price not available
  • 30 May 2001
    Sold for $2,610,000

Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

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 5,328 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 79 properties listed for sale, and 65 properties listed for rent in Darwin city on OnTheHouse. According to CoreLogic's data, 291 properties were sold in the past 12 months in Darwin city.

Darwin City Profile Page

Suburb Insights for Darwin City 0800

Visit Darwin City profile page
Market Insights
Darwin City Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Darwin City Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Darwin City profile page
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED