OFF MARKET

89 Mitchell Street
Darwin City NT 0800

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2030m2
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Property Details for 89 Mitchell St, Darwin City

Building Type
Commercial
Land Size
2030m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 625/DIA000389

Last Listing description (October 2011)

Leasehold and Business - Discovery Nightclub, Darwin
Superb value - one of Australia's largest nightclubs.
Capacity of up to 1,000 patrons.

Multi-million dollar turnover business.
7 bars, 3 private function areas.
Brilliant location in Darwin's premier entertainment strip.
Under instructions from S Duncan & N Gyss of KordaMentha (SA & NT) Pty Ltd as Joint & Several Receivers & Managers.
Inspections strictly by appointment.
To view Form R7 Warning Notice-Financial & Investment Advice, please click on Documents icon and miniweb 1 link.
RLA 61339

Property History for 89 Mitchell St, Darwin City, NT 0800

A timeline of how this property has performed in the market
Last Sold
$700,000
08 Dec 2009
  • 22 May 2011
    Listed for Sale REFER CONSULTANT PLUS SAVING
  • 08 Dec 2009
    Sold for $700,000
  • 08 Dec 2009
    Sold for $7,000,000
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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 5,328 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.

Suburb Insights for Darwin City 0800

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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.