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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
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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

*** Under Offer ***

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

*** Under Offer ***

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
Paul Savitz
Paul Savitz
+61 *** *** *** show +61 434 613 894
Message Message
+61 434 613 894 psavitz@savills.com.au Message
Conal Newland
Conal Newland
+61 *** *** *** show +61 422 406 611
Message Message
+61 422 406 611 cnewland@savills.com.au Message
Mark Durran
Mark Durran
+61 *** *** *** show +61 412 248 243
Message Message
+61 412 248 243 mark.durran@savills.com.au Message
Peter McVann
Peter McVann
+61 *** *** *** show +61 412 833 276
Message Message
+61 412 833 276 peter.mcvann@au.knightfrank.com Message

Download Development Site Report

3. Property Location

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

Property Map
Street View

4. Due Diligence

Site Report Available

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Report Contains

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
Download Report
Download Report
Travelodge Resort Darwin, 64 Cavenagh Street, Darwin City, NT 0800 Darwin City
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Savills NSW
Savills NSW
Level 25, Governor Phillip Tower 1 Farrer Place Sydney, NSW 2000
View Agency Profile
Paul Savitz
Paul Savitz
+61 *** *** *** show +61 434 613 894
Conal Newland
Conal Newland
+61 *** *** *** show +61 422 406 611
Mark Durran
Mark Durran
+61 *** *** *** show +61 412 248 243
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
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