Strategically located within the recognised financial and service industry hub of the Darwin CBD, and comprising some 340m2, this site is positioned to capitalise on the bright future offered by the immense government and corporate investments that have been made in the future of this City.
This location, at the corner of Cavenagh and Daly Streets which are considered the doorstep of the CBD and as such, this site offers high exposure to passing traffic and takes advantage of the huge level of surrounding amenity, being situated only moments from the Mitchell Street entertainment precinct, the International Hotels of the Esplanade, Woolworths and Coles, and the iconic, and newly redeveloped Smith Street Mall.
The site is served by outstanding transport accessibility including convenient access to buses direct to Palmerston, Casuarina, and the Northern Suburbs, as well as being located only minutes from the Darwin foreshore, as well as the thriving Waterfront Precinct and cosmopolitan Cullen Bay.
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 5,317 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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