Currently enjoying a 2-year lease with a fixed annual rental amount of $295,000 + GST, expiring 30 April 2027.
STAGED DEVELOPMENT
3 fully serviced Torrens Titled CBD allotments.
8 Harvey Street, Darwin (Allotment 9699)
5 Ryko Court, Darwin (Allotment) 9700)
7 Ryco court, Darwin (Allotment 9701)
The area is zoned CB - Central Business (height limit to 45 metres, or greater with approval)
Why these sites?
1. Prominent site adjacent to the main road entry into Darwin CBD
2. Adjacent to NextDC - Data Centre
3. Developments will have sensational views over Darwin Harbour
5. Good passing traffic exposure
7. Within 500 metres of the Educational and Civic Precinct
8. Affordable fully serviced development sites, with sound geotechnical conditions for multilevel construction.
In close proximity to;
- Darwin GPO and Smith Street Mall
- Supermarkets, restaurants, and shopping facilities
- Public transport
- Parliament house
- Civic Precinct
- Private and Government offices
- Residential Apartments
- Abutting a new high amenity pedestrian-cycle path and recreational land
- Direct transport connection to Palmerston, East Arm Port and manufacturing areas
Three (3) affordable allotments ready to develop Torrens Title sites to be sold as a whole or individually:
ALLOTMENT 9699
Site Area: 1,430sqm
Price: $2,000,000 plus GST
ALLOTMENT 9700
Site Area: 1,680sqm
Price: $2,020,000 plus GST
ALLOTMENT 9701
Site Area: 1,320sqm
Price: $1,850,000 plus GST
Total price $5,870,000 plus GST
The population of Darwin City in 2016 was 6464 people. By 2021 the population was 7149 showing a population growth of 10.6% in the area during that time. The predominant age group in Darwin City is 20-29 years. Households in Darwin City are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Darwin City work in a professional occupation.In 2021, 22.10% of the homes in Darwin City were owner-occupied compared with 22.80% in 2016.
Darwin City has 5,309 properties. Over the last 5 years, Houses in Darwin City have seen a -5.92% decrease in median value, while Units have seen a 37.62% increase. As at 28 February 2026:
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