69 Mitchell StreetDarwin City NT 0800
Property Details for 69 Mitchell St, Darwin City
69 Mitchell St, Darwin City is a 0 bedroom, 0 bathroom House. The property has a land size of 7620m2 and floor size of 363m2. While the property is not currently for sale or for rent, it was last sold in September 2021.
Last Listing description (March 2022)
Colliers on behalf of Jamie Harris and Anthony Connelly of McGrathNicol in their capacity as Receivers and Managers of GAJ Nominees Pty Ltd (Receivers and Managers Appointed) are pleased to exclusively offer for sale the Darwin Transit Centre located at 69 Mitchell Street, Darwin, NT, 0800.
Occupying a prominent corner site in the centre of Darwin's CBD, this significant holding offers a multitude of outcomes through either redevelopment, refurbishment or repositioning the existing tenant mix.
The key investment attributes are as follows:
- Significant holding income of approximately $1.4 million plus GST
- Dual street frontages with high exposure to passing traffic
- Diversified tenant mix including hospitality, tourism, retail-sector tenants
- Anchored by the renowned 'Shennanigans' tavern, an Australian Venue Co facility;
- 2 x licensed backpacker facilities with approximately 475 beds;
- Multiple development outcomes including subdivision or redevelopment with a 90 metre height limit (subject to Planning Commission approval).
The Darwin Transit Centre is being sold by Expressions of Interest closing 4:00pm, Thursday 22nd July 2021. For further information or to arrange an inspection please contact the marketing agents below.
*Approximately
Property History for 69 Mitchell St, Darwin City, NT 0800
- 14 Sep 2021Sold for $16,250,000
- 08 Jun 2021Listed for Sale Please contact agent
- 17 Feb 2016Listed for Rent - Price not available
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About Darwin City 0800
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 5,308 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:
- The median value for Houses in Darwin City is $501,643 while the median value for Units is $474,594.
- Houses have a median rent of $675 while Units have a median rent of $650.
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