Knight Frank has great pleasure in offering for lease this high-quality tenancy in this fully renovated building. The building is transformed externally and internally with a brand-new façade fronting Cavenagh Street, including new glazing and with fresh paint externally.
On the ground floor, works include disabled access, new electrical, new air-conditioning, refurbished men's and women's toilets and a grease arrestor. The space will be open planned throughout to allow the end user/operator to fit-out to their requirements. The attached imagery is just one option of many potential floorplans. There will be an abundance of space for customer dining and room to establish a bar and kitchen. There will be a new shop front installed together with roller shutters for security after hours.
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 5,320 properties. Over the last 5 years, Houses in Darwin City have seen a -5.59% decrease in median value, while Units have seen a 32.91% increase. As at 30 April 2026:
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