Territory Stories

The Northern Territory news Wed 9 Jul 2014

Details:

Title

The Northern Territory news Wed 9 Jul 2014

Other title

NT news

Collection

The Northern Territory news; NewspaperNT

Date

2014-07-09

Description

This publication contains may contain links to external sites. These external sites may no longer be active.

Language

English

Subject

Community newspapers -- Northern Territory -- Darwin; Australian newspapers -- Northern Territory -- Darwin

Publisher name

News Corp Australia

Place of publication

Darwin

File type

application/pdf

Use

Copyright. Made available by the publisher under licence.

Copyright owner

News Corp Australia

License

https://www.legislation.gov.au/Series/C1968A00063

Parent handle

https://hdl.handle.net/10070/251041

Citation address

https://hdl.handle.net/10070/550566

Page content

22 REALESTATE WEDNESDAY JULY 9 2014 NTNE01Z01MA - V1 Chance to enhance 37 KNUCKEY ST,DARWIN 1 3+ n/a INSPECTIONS PRICE Expressions of interest AGENCY Colliers International AGENT Nigel Sharp 0422 275 920 THIS is an exceptional freehold building occupied by one of Darwins finest restaurants, Moorish Cafe. The prominent two-storey building has fantastic frontage to Knuckey St and great exposure to Cavanagh St. Offering an outstanding central CBD location with surrounding establishments consisting of a mixture of retail, office, residential and hotel accommodation, the property provides the flexibility to invest, develop or occupy. It sits on a 283sq m site with approximately 11.58m of frontage to Knuckey St. The property has the luxury of dual access with rear access via Spain Place. The building is currently used for retail and residential purposes and has a gross area of approximately 540sq m. The ground level tenancy is leased to Moorish Cafe and is fully fitted out as a restaurant with bar, kitchen and open-plan area for seating. An inventory list is available with the due diligence material. There is one year remaining on the lease and a five-year option including a market review which should see a significant increase given current CBD rents. The upper level is used for residential accommodation and leased on a month-to-month basis and can be offered with vacant possession. The building was built precyclone circa 1954 and is covered by a Certificate of Occupancy. The building is in need of some TLC however the opportunity to secure such a unique freehold property at a very accessible price point within the heart of Darwins CBD is extremely rare.


Aboriginal and Torres Strait Islander people are advised that this website may contain the names, voices and images of people who have died, as well as other culturally sensitive content. Please be aware that some collection items may use outdated phrases or words which reflect the attitude of the creator at the time, and are now considered offensive.

We use temporary cookies on this site to provide functionality.
By continuing to use this site without changing your settings, you consent to our use of cookies.