Travelodge Resort Darwin, 64 Cavenagh St, DARWIN CITY | Property for sale | Savills
108,769.36 sq ft(10,105 sq m)
Price on application

Travelodge Resort Darwin64 Cavenagh St, DARWIN CITY

  • New
Hotel
108,769.36 sq ft (10,105 sq m)

Key features

  • Freehold hotel with VP & trading upside
  • 1.31Ha site, student accommodation opportunity
  • Immediately adjacent to new CDU Campus

Travelodge Resort Darwin – CBD Resort Hotel with Vacant Possession and Exceptional Alternate Use Opportunity

About this property

  • Savills and Knight Frank are pleased to be exclusively appointed to offer for sale Travelodge Resort Darwin, located at 64 Cavenagh Street, Darwin. This presents a rare opportunity to purchase a 224-room hotel on a 1.31 Hectare site available with vacant possession in the Darwin CBD.

    Investment Highlights:

    • 224-room hotel including 32 townhouses
    • Unrivalled central location opposite the new Charles Darwin University campus
    • Potential to convert to student accommodation in a market severely short of supply
    • Darwin is Australia’s tropical gateway destination and primed for growth
    • 1.31 Hectare freehold land parcel in Darwin CBD
    • Zoned ‘Central Business’ permitting a wide range of alternate uses including ‘dwellings” and allows for 90m height limits.

    For Sale via Expression of Interest closing 1pm (AEST) Thursday 25th of July 2024.

    Please reach out to the agents listed here.

Available space

LevelTenancySale TypePriceAreaSqmStatus
n aExpression of Interest10105.00sq mNew Listing