Watch Watch
Your home of Development Ready videos
Watch Watch
All Videos
Back
Sold Check
Back to results
Properties / Sold / Northern Territory / Darwin City
Save
Share
Sold

Travelodge Resort Darwin, 64 Cavenagh Street, Darwin City, NT 0800

+18 Photos
/
Images
Close

Travelodge Resort Darwin, 64 Cavenagh Street, Darwin City, NT 0800

Darwin City

Travelodge Resort Darwin, 64 Cavenagh Street, Darwin City, NT 0800
×
Sold Check
+20 Photos
/

Travelodge Resort Darwin, 64 Cavenagh Street, Darwin City, NT 0800

Darwin City

SOLD
Travelodge Resort Darwin, 64 Cavenagh Street, Darwin City, NT 0800

Travelodge Resort Darwin, 64 Cavenagh Street, Darwin City, NT 0800

Properties / Sold / Northern Territory / Darwin City
Development Potential
Property Type
Residential, Commercial
Sub Type
Student Accom Sites, Hotel Sites, Land Site
Land Area
13,100 m² (*approx)
Selling Method
SOLD:
Show All
Travelodge Resort Darwin – CBD Resort Hotel with Vacant Possession and Exceptional Alternate Use Opportunity
  • Freehold hotel with VP & trading upside
  • 1.31Ha site, student accomm. opportunity
  • Immediately adjacent to new CDU Campus

*** SOLD ***

Savills and Knight Frank are pleased to be exclusively appointed to offer for sale Travelodge Resort Darwin, located at 64 Cavenagh Street, Darwin. This presents a rare opportunity to purchase a 224-room hotel on a 1.31 Hectare site available with vacant possession in the Darwin CBD.

Investment Highlights:

• 224-room hotel including 32 townhouses

• Unrivalled central location opposite the new Charles Darwin University campus

• Potential to convert to student accommodation in a market severely short of supply

• Darwin is Australia’s tropical gateway destination and primed for growth

• 1.31 Hectare freehold land parcel in Darwin CBD

• Zoned ‘Central Business’ permitting a wide range of alternate uses including ‘dwellings” and allows for 90m height limits.

For Sale via Expression of Interest closing 1pm (AEST) Thursday 25th of July 2024.

Please reach out to the agents listed here.

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

64 Cavenagh Street Development Site Summary

Property Type
Residential, Commercial
Sub-type
Student Accom Sites, Hotel Sites, Land Site
Land Area
13,100 m² (*approx)
Selling method
SOLD:

Development Site Highlights

Travelodge Resort Darwin – CBD Resort Hotel with Vacant Possession and Exceptional Alternate Use Opportunity
  • Freehold hotel with VP & trading upside
  • 1.31Ha site, student accomm. opportunity
  • Immediately adjacent to new CDU Campus

*** SOLD ***

Savills and Knight Frank are pleased to be exclusively appointed to offer for sale Travelodge Resort Darwin, located at 64 Cavenagh Street, Darwin. This presents a rare opportunity to purchase a 224-room hotel on a 1.31 Hectare site available with vacant possession in the Darwin CBD.

Investment Highlights:

• 224-room hotel including 32 townhouses

• Unrivalled central location opposite the new Charles Darwin University campus

• Potential to convert to student accommodation in a market severely short of supply

• Darwin is Australia’s tropical gateway destination and primed for growth

• 1.31 Hectare freehold land parcel in Darwin CBD

• Zoned ‘Central Business’ permitting a wide range of alternate uses including ‘dwellings” and allows for 90m height limits.

For Sale via Expression of Interest closing 1pm (AEST) Thursday 25th of July 2024.

Please reach out to the agents listed here.

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential
Peter McVann
Peter McVann
+61 *** *** *** show +61 412 833 276
Mark Durran
Mark Durran
+61 *** *** *** show +61 412 248 243
Paul Savitz
Paul Savitz
+61 *** *** *** show +61 434 613 894
Conal Newland
Conal Newland
+61 *** *** *** show +61 422 406 611
Peter McVann
Peter McVann
+61 *** *** *** show +61 412 833 276
Mark Durran
Mark Durran
+61 *** *** *** show +61 412 248 243
Paul Savitz
Paul Savitz
+61 *** *** *** show +61 434 613 894
Conal Newland
Conal Newland
+61 *** *** *** show +61 422 406 611

Finance Calculator

Travelodge Resort Darwin, 64 Cavenagh Street, Darwin City, NT 0800

Secure/no obligation

Step 1

Loan Variables

Adjust the inputs to explore your indicative finance options.

You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.

Estimated Purchase Price: $x,xxx,xxx
What you intend to pay for the property
Your Contribution: $x,xxx,xxx
The amount you’re investing
LVR: $x,xxx,xxx
Loan to Value Ratio

Estimated Purchase Price:*

What you intend to pay for the property

$

Your Contribution:

The amount you’re investing

Min: 0% - Max: 90% of purchase price.

$

LVR:

Loan to Value Ratio

Min: 10% - Max: 100% of purchase price.

%

Loan Analysis

Estimated Purchase Price:
Your expected purchase price. Final lender valuation may differ and will affect LVR and borrowing.
$x,xxx,xxx
Your Contribution:
Your funds toward the purchase (savings/equity/gift). Does not include costs like duty, legals or LMI.
$xxx,xxx
Loan to Value Ratio:
Calculated as Loan ÷ Price. Guidance only. Lender policy caps vary by property type, location and borrower profile.
xx%
Loan Amount:
Estimated loan based on your inputs. Excludes fees, LMI and costs. Subject to credit assessment and valuation.
in full report
Interest Only: Monthly Repayments
Estimate using interest-only at 5.85% p.a. Excludes fees. Rates can change without notice.
in full report
Principal & Interest: Monthly Repayments
Estimate at 5.85% p.a. over 15 years, monthly compounding. Excludes fees/LMI. Rates may change.
in full report
Stamp Duty: northern territory
Indicative rate for northern territory. Concessions/exemptions (e.g., first home) may apply and change the amount.
in full report
Stamp Duty Cost:
Estimate only. Check SRO northern territory for the latest rules and any concessions that may reduce this figure.
in full report

Property Location of Travelodge Resort Darwin, 64 Cavenagh Street, Darwin City, NT 0800

One moment please.

Retrieving map...

Due Diligence

Site Report Available

Download your free DistrictData site summary. Make sure you are logged into DevelopmentReady to allow access

Report Contains

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
Download Report
Download Report
Travelodge Resort Darwin, 64 Cavenagh Street, Darwin City, NT 0800 Darwin City
Knight Frank - Northern Territory
Knight Frank - Northern Territory
Ground Floor, 46 Smith Street Mall Darwin NT 0800
View Agency Profile
Peter McVann
Peter McVann
+61 *** *** *** show +61 412 833 276
Savills NSW
Savills NSW
Level 25, Governor Phillip Tower 1 Farrer PlaceSydney, NSW 2000
View Agency Profile
Mark Durran
Mark Durran
+61 *** *** *** show +61 412 248 243
Paul Savitz
Paul Savitz
+61 *** *** *** show +61 434 613 894
Conal Newland
Conal Newland
+61 *** *** *** show +61 422 406 611