Investment Opportunity – Darwin CBD Dual-Site Commercial Asset

Located at the heart of the Darwin Central Business District, 13 & 15 Cavenagh Street presents a rare opportunity to acquire a strategically positioned, tenanted commercial asset with long-term income stability, solar-integrated infrastructure, and significant future re-development potential for a high-rise mixed-use tower. This dual-building property benefits from strong fundamentals: robust tenant demand, excellent CBD exposure, and proximity to key public and private investments driving Darwin’s growth.

This landmark offering sits between the active retail strip of Cavenagh Street and the vibrant laneway precinct of Austin Lane, forming a dynamic through-site connection. Surrounded by bustling cafés, government offices, banks, and specialty retail, the location is not only ideal for existing tenants but also highly attractive to future occupiers across retail, professional, and service sectors.

Importantly, the property is situated within walking distance to the new Charles Darwin University (CDU) city campus, a transformative education hub drawing students, educators, and support industries into the city. The asset is also conveniently close to Darwin Waterfront, Smith Street Mall, Parliament House, and just a few blocks from the city’s tourism-focused beachside zones, including Bicentennial Park and the Esplanade. This blend of commercial centrality and lifestyle access positions the property as a unique holding in one of Australia’s most underpriced capital city markets.

Together, Carpentaria House at 13 Cavenagh and the adjacent boutique office building at 15 Cavenagh represent a compelling package: a secure, income-generating investment with on-site parking, rooftop solar, and zoning flexibility that allows for high-rise mixed-use redevelopment (subject to planning). With tenant demand rising and limited new supply in Darwin’s office market, this offering is perfectly timed to capitalise on the city’s next growth phase.

Key Specifications

Address 13 & 15 Cavenagh Street, Darwin City, NT 0800
Zoning Central Business
Buildings Carpentaria House (4-storey office & retail) + 2-storey boutique office
Land Area 1886 square metres

Net Leasable Area Total NLA-2751m2

• 13 CavenaghStreet-2410m2
• 15 CavenaghStreet-341m2

Structure Reinforced concrete frame and concrete façade

Status Tenanted

Car Parking 35 exclusive carparks
• 13 CavenaghStreet-7 under cover carparks, 1 with secure access
• 15 CavenaghStreet-28 open air on grade with secure access

Energy 30 kW rooftop solar, upgraded mechanical systems (2021)

Height Limit 90 m development height potential (subject to approval)

Nearby Amenities Charles Darwin Uni city campus, Parliament House, Smith St Mall, Waterfront, beachside tourist destinations