1 Searcy Street, Darwin City, NT 0800

Chin Property Group is pleased to present 1 Searcy Street, Darwin City.

Positioned on the prominent corner of Smith and Searcy Streets, this is a rare chance to secure a tightly held investment in the heart of the Darwin CBD, backed by a long term lease to an established tenant.

The property sits on a 631sqm landholding and offers 610sqm of NLA across two office levels. It is fully leased to the Northern Territory AIDS & Hepatitis Council (NTAHC), a well established community health organisation that has operated in the NT since the 1980s. The 10 year lease, plus two further 5 year options, gives the buyer a potential 20 year income stream.

Investment Highlights
* 631sqm CBD landholding
* 610sqm NLA across two office levels
* Leased to NTAHC, a long established not for profit health organisation
* 10 year lease + 2 x 5 year options
* Secure, long-dated income with minimal management
* Prominent corner of Smith and Searcy Streets, a short walk to Smith Street Mall, CBD Plaza, the new CDU city campus, Woolworths and major banks

This is an ideal opportunity for investors, SMSFs and owner investors seeking a set and forget asset in a tightly held CBD location.

For further information or to arrange an inspection, please contact Seth Chin on 0411 178 888 or Victor Harris on 0412 154 121.