SOLD
Sold on 14 Oct 2024 for $2,000,000

9 Searcy Street
Darwin City NT 0800

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 850m2
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Property Details for 9 Searcy St, Darwin City

Building Type
Commercial
Land Size
850m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 1514/DIA000400

Last Listing description (February 2023)

The Cavenagh Centre is a high profile commercial building located in the heart of Darwin's CBD. Adjacent to Post Office, Woolworths CBD Plaza and the Cavenagh Bus Interchange, the premises and its occupants benefit from being in close proximity to key commercial and public amenities. The building offers good level of amenity while being a more affordable tenancy option. Versatile tenancy areas on the Ground and Floors above lend themselves to retail, office, professional services and medical / consulting applications.

Key Property Features:


Tenancies from 100m2 up to 500m2
Open plan and fitted out space
High profile corner
Located in the heart of Darwin CBD
High concentration of vehicle and pedestrian traffic
Lift access
Natural light and pleasant aspects on each floor
Abundant parking options in immediate vicinity

Please contact Colliers for further information or to book an inspection

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Property History for 9 Searcy St, Darwin City, NT 0800

A timeline of how this property has performed in the market
Last Sold
$2,000,000
14 Oct 2024
Listed for Rent
$5/w
24 Feb 2023
  • 14 Oct 2024
    Sold for $2,000,000
  • 24 Mar 2020
    Listed for Rent - Price not available
  • 29 Jul 2019
    Listed for Rent - Price not available
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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 80 properties listed for sale, and 63 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.

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