Property Summary;

Council Rates: $tba per annum (approximately)
Body Corporate Manager: John Tsouroutis
Body Corporate Qtrly Fee: $916 (approximately)
Rental: $40,000 Plus GST per annum + outgoings
Term of Lease: 3 + 3 years
Area Under Title: 66 square meters
Zoning: CB (Central Business)
Address: 2/52a Mitchell Street, Darwin City
Vol/Fol: Volume 837 Folio 897
Title Ref: Lot 7540 Town of Darwin of U2004/048
Lot Entitlement: 32 of 200
Survey Plan: DVP2004/022
Val District: Town of Darwin
Registered: CUFT 837/897 (order 1)

Here's your chance to be a part of Darwin's thriving commercial landscape! Explore the unique opportunity to own this prime spot in the heart of the city's main entertainment precinct on Mitchell Street, nestled beneath the iconic Melaleuca on Mitchell Backpackers.

This 66sqm tenancy, part of a development dating back to 2005, has proven itself as a retail stronghold. Businesses trading here since day one attest to the location's resilience and appeal for retail ventures. Step into a well-appointed space featuring gyprock-lined ceilings, tiled floors, and efficient split-system air conditioning, creating an inviting and comfortable ambiance.

Conveniently accessed directly from Mitchell Street, the retail space has been leased at $40,000 (Plus GST) and covers outgoings (approx. $7,000 per annum). Seize the opportunity to own this prime commercial property in Darwin's famous Mitchell Street, a vibrant hub of entertainment, commerce, and cultural diversity, it attracts locals and tourists alike. Don't miss the chance to become a part of this dynamic landscape.

Enquire now to secure your place in Darwin's premier entertainment precinct!