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

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

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

Properties / Buy / Northern Territory / Darwin City
Development Potential

1. Property Summary

Property Type
Residential, Commercial
Sub Type
Apartment Sites, Townhouse Sites, Student Accom Sites, Hotel Sites, Land Site
Land Area
13,100 m² (*approx)
Selling Method
EOI: Price on application
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2. Property 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

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

1. Property Summary

Property Type
Residential, Commercial
Sub-type
Apartment Sites, Townhouse Sites, Student Accom Sites, Hotel Sites, Land Site
Land Area
13,100 m² (*approx)
Selling method
EOI: Price on application

2. Property 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

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

3. Property Location

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

Property Map

4. Due Diligence

Site Report Available

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Report Contains

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
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Travelodge Resort Darwin, 64 Cavenagh Street, Darwin City, NT 0800 Darwin City
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