Prime CBD OPPORTUNITY!
2,020sqm site with existing hotel & bar in operation in high profile location.Perfectly positioned on Darwins renowned Mitchell street making it a great addition to any future land bank.The block represents a great opportunity to develop high density residential or commercial or a combination of both.Existing leases to established businesses offer a great opportunity for investors who are after strong cash flow for the foreseeable future, but also for developers who are looking for long term upside in a property which has landmark development potential.Key Features: Landmark CBD property Genuine blue chip location Existing Bar & 36 Room Hotel in operation High performing existing businesses provide solid yield Zoned CB offering enormous development potential