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Just Listed

38, 40 & 42 The Mall, Smith Street, Darwin City

  • Land 1847m2

Expressions of Interest closing Friday 9th October

Premium CBD Development Site with Significant Holding Income

A rare opportunity to acquire a significant land holding and investment asset positioned on the tightly held Smith Street Mall in Darwin's CBD. This exceptional site offers a prime central CBD location, favourable holding rent and long term opportunities for redevelopment.
This premium The Mall address presents a once in a generation opportunity to acquire an asset where the highest capital gain and redevelopment opportunity is assured.

Comprising three allotments including 38, 40 and 42 The Mall the site is located within the iconic Smith Street Mall and provides extensive pedestrian Mall frontage along with convenient vehicle and pedestrian access to Austin Lane. The property comprises 17 tenancies which presently commands 96% occupancy providing diversified and robust rental returns. Lucrative future redevelopment opportunities exist for this property whilst immediately benefitting from a prized holding income.

Key Property Highlights:
• Outstanding large CBD site comprising 3 adjoining allotments
• 1,847m2 total land area
• CB Zone with 90 metre height limit
• Mall and rear lane street frontages both with 31M+ boundaries 2 Street Frontages 3 Land Parcels
• Bustling retail arcade and food court with diverse and popular tenancy mix
• Future development opportunity with attractive holding income

Colliers is pleased to offer For Sale 'Voyage Arcade' Comprising 3 allotments 38, 40 & 42 The Mall, Darwin NT 0800. Expressions of Interest closing 4pm Friday 9th October 2026.

For more information please contact Mark Jagla on 0412 277 475.

Features

  • Type: Commercial
  • Land Size: 1847m2 approx.
  • Air Conditioning
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    Location

    38, 40 & 42 The Mall, Smith Street, Darwin City

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    Chris Hyland
    Chris Hyland

    0409 988 022

    Mark Jagla
    Mark Jagla

    0412 277 475