97 Mitchell StreetDarwin City NT 0800
Property Details for 97 Mitchell St, Darwin City
Last Listing description (October 2025)
97 Mitchell Street is in a prominent location within the CBD core, only 600 metres to the Smith Street mall. Mitchell Street is parallel to The Esplanade and Smith Street, the subject property is located on the north-western side of Mitchell Street near the Daly Street entrance to the CBD.
This attractive offering includes both the freehold property and going concern interests of the 'Capitanos' Hotel. The subject property is a two-storey 35-room hotel including a reception area, pool and 14 car parks. The building and accommodation presents very well having been recently fully refurbished. There is an additional vacant area at the front of the building of 150m (approx.) that was previously a bar, and is currently a shell that can be fitted out or repurposed.
The property also has development approval for a third level and an additional 17 rooms for an operator to maximise the return.
The rectangular shaped site is zoned Central Business (CB) and is 2,020m positioned in the Darwin CBD core area with a 90-metre height limit, making it an outstanding site for future development.
For more information please contact Ryan Doyle 0405 192 389 or David Loy 0418 897 104 at LJ Hooker Commercial North.
Property History for 97 Mitchell St, Darwin City, NT 0800
- 09 Feb 2026Listed for Rent - Price not available
- 03 Oct 2025Sold for $4,500,000
- 15 Sep 2025Listed for Sale Sold
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0About 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 5,309 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:
- 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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