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Colliers - Darwin

43 Knuckey Street Darwin City, NT 0800


43 Knuckey Street,
Darwin City, NT 0800

Offices • Shop & Retail • Other
Added 2 days ago

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Colliers - Darwin
Craig Inkster

Colliers - Darwin

13 Cavenagh Street
Colliers - Darwin
43 Knuckey Street
Darwin City, NT 0800

Map of 43 Knuckey Street

  • Bus stops within 5 km of 43 Knuckey Street, Darwin City, NT 0800Distance
    Woolworths281 m
    Crowne Plaza432 m
    Darwin Interchange439 m
    St Mary's School502 m
    Frances Bay Drive534 m


Colliers are pleased to exclusively offer for sale 43 Knuckey Street, Darwin on behalf of Deloitte Financial Advisory in their capacity as Receivers and Managers of Knuckey Street Pty Ltd (Receiver and Managers Appointed)(In Liquidation).

43C Knuckey Street comprises six floors of A-grade office space providing 3,335m2 of NLA which is anchored by the NT Government. Quality fit outs across all floors completed to A-grade standards benefit from floor to ceiling glazing, abundant natural light and pleasant views of the streetscape. There is convenient access to multi-level parking within the building. The strong track record of occupancy and recent leasing to NT Government, WSP and Intersystems demonstrate the quality of the offering.

Unit 1/43A Knuckey Street features six tenancies with a total NLA of 1,087m2. The retail areas benefit from the highly activated prime location within the CBD. The current retail tenancy mix includes a hair dressing salon, café, restaurant, Government services and general commercial. The ground floor retail and lobby presents an impressive public interface which is accessible from Woods, Litchfield and Knuckey Streets.

43F Knuckey Street includes 278 car parking spaces within the complex which provide significant capacity for the office tenancies, hotel and casual user requirements. The car park is directly accessible from both the office tower and hotel providing a high level of convenience and security for car park users. The conference room forms part of the lot, the majority of which is currently leased to the Mantra Pandanus Hotel and providing a stable supplementary holding income. Additional income is available through the hotel conference rooms also leased to the Mantra Pandanus Hotel.

43G Knuckey Street houses a roof top antennae platform positioned above the hotel and residential tower on the top floor of the 31 storey structure. The rooftop currently has three antennae under licence providing another quality income stream.

The location of 43 Knuckey Street is central and provides a high level of convenience and connectivity to key CBD amenity with most of Darwin City being walkable from the location

Key investment highlights:
• Fully let income of $2.53m (net) p.a*
• High quality tenancy mix anchored by NT Government and other corporate tenants.
• Prime location at the heart of Darwin CBD
• Modern structure constructed in 2008
• 5 Star NABERS rating (Office)
• High grade amenity
• Strong income diversified across the 17 commercial tenancies
• Stable income from parking - currently $505,448 p.a *
• Central Business (CB) zoning provides 90m Height limit
• Busy location creates dynamic trade environment for retail tenants
• Scope to increase income through additional leasing of vacant areas

Unit 1/43A, 43C, 43F, 43G Knuckey Street are being sold by Expressions of Interest closing 4.00pm ACST, Friday 5th August 2022. For Further information or to arrange an inspection please contact the exclusive marketing agent below.

Property ID: 504104235Last Updated: 30 Jun 2022

Colliers - Darwin
13 Cavenagh Street
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