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2. Property Highlights

Flexible CBD development opportunity

Knight Frank is pleased to be appointed by Newpoint Advisory as Receiver and Manager, to sell the property situated at 3 Carey Street, Darwin NT 0800.

The property is offered for sale by deadline Private Treaty, closing 29th May 2024 at 4pm (ACST).

3 Carey Street comprises a vacant block of land with an area of 1,492 sqm on the fringe of Darwin CBD and located only 600m to Darwin GPO and 750m to the Smith Street Mall.

The property is zoned Central Business (CB) with a development potential for up to 90m height. The site is surrounded by some residential apartment and commercial buildings and it is approx. 500m to one of Darwin's main thoroughfares Tiger Brennan Drive. It is situated just one street back from the edge of the water of Frances Bay, which services Sea Swift shipping, Fisherman's wharf, several fishing and boating stores, the mooring basin known as the Duck pond and a National Storage facility.

The property is ready to be developed and its strategic position makes it a valuable block of land. With the benefit of having a CBD zoning its highest and best use would be as a residential development site to make the most of the views it would capture upon development.

There are some attractive gardens planted along the frontage of the block with a double access gate to the left of the property on the driveway, and a second double access gate that is currently blocked by foliage. There are gardens where there is no hardstand, with the north and south boundaries bordered by neighbouring buildings, and the rear (western boundary) of the property butting on the the old Shell depot.

Contact the agents for further information today.

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3. Property Location

3 Carey Street, Darwin City, NT 0800

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4. Due Diligence

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