225 Mcmillans RoadJingili NT 0810
Property Details for 225 Mcmillans Rd, Jingili
Last Listing description (June 2016)
Rare leasehold Opportunity
A performing and successful leasehold Hotel comprising 64 rooms located in Darwin Airport precinct.
Perfectly positioned where location is exceptional. Hotel is only 6 years old and has been operated by owner/operators of business from new.
Includes courtesy cars for airport pickup, new branding to CHOICE is producing very strong bookings.
Hotel layout is very user and guest friendly, no restaurant, tavern immediately next door with charge back facilities.
4 Star rated, large swimming pool. Foxtel, long lease.
Room for further growth with occupancy.
There is room for expansion, Landlord/developer prepared to develop a further forty five to sixty rooms on adjacent land.
Darwin is a burgeoning region and this is a unique opportunity to obtain a quality hotel business in Australia's northern most city adjacent to an international airport.
For all enquiries, pricing and financial information please contact the sole and exclusive agents:
Steve Liebelt 0412 401 507 & Andy Gray 0438 960 047
Property History for 225 Mcmillans Rd, Jingili, NT 0810
- 29 Mar 2016Listed for Sale For Sale
- 06 May 2005Sold for $540,000
- 30 May 2002Sold for $500,000
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About Jingili 0810
The size of Jingili is approximately 1.3 square kilometres. It has 7 parks covering nearly 13.1% of total area. The population of Jingili in 2011 was 1,816 people. By 2016 the population was 1,755 showing a population decline of 3.4% in the area during that time. The predominant age group in Jingili is 30-39 years. Households in Jingili are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Jingili work in a professional occupation. In 2011, 69.5% of the homes in Jingili were owner-occupied compared with 70.4% in 2016.
Jingili has 691 properties. Over the last 5 years, Houses in Jingili have seen a 34.92% increase in median value, while Units have seen a 20.64% increase. As at 31 October 2024:
- The median value for Houses in Jingili is $620,102 while the median value for Units is $420,770.
- Houses have a median rent of $670 while Units have a median rent of $380.
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