CBRE Hotels have been exclusively retained by the Northern Territory Government and Darwin Waterfront Corporation to seek Expressions of Interest for a hotel development site adjoining the Darwin Convention Centre, at 10 Stokes Hill Rd, Darwin City, Northern Territory 0800.
This offering presents a rare opportunity to secure development rights to deliver and own a hotel in a highly strategic location poised for considerable growth. The successful proponent will be awarded with the land at no cost, which will revert to freehold upon practical completion of the hotel.
Investment Highlights:
- Zero cost land contribution following completion of hotel development
- Highly strategic waterfront location with direct connectivity into Darwin Convention Centre
- Vacant possession available with formal management interest received from multiple groups
- Robust Market Recovery
- Record Private & Public Infrastructure Investment
- 2600sqm total land area*
Expression of Interest closing Tuesday, 31 January 2023 4:00pm (AEDT).
For more information or to arrange an inspection, please contact the exclusive agent.
*Approximately.
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