7 Finniss Street, Darwin City, NT 0800

Expressions of Interest Closing at 4.00pm on Thursday 28th February 2025

Alatai Holiday Apartments presents a unique opportunity to take control of the body corporate with ownership of a majority of the strata apartments, along with the chance to acquire the Alatai Holiday Apartments business and its valuable liquor licence. This rare offering provides immense potential for growth at a prime corner location on McMinn and Finniss Streets, a highly visible site at the entrance to Darwin CBD where Stuart Highway transitions into Daly Street.

Located in the heart of Darwin, this well-established business offers convenient access to the city’s most popular facilities. Guests enjoy a short walk to attractions such as the golf course, tennis courts, Botanical Gardens, and the renowned Mindil Beach sunset markets, making Alatai Holiday Apartments a preferred choice for leisure and business travelers alike.

The sale includes 35 units, comprising 11 studio apartments, 19 two-bedroom apartments, and 9 three-bedroom dual-key apartments. Of these, 24 units are owned by the current business operator, while 12 are owned by third parties. The business currently manages 33 strata units in addition to an office, providing a strong foundation for reliable income. The reception building, covering approximately 249 square meters, houses a dining area, a small kitchen, a spacious alfresco area, and the upstairs Nepa Kitchen, which is leased until July 31, 2024.

One of the key highlights is the liquor license, which provides extensive flexibility for the on-site Cafe/Pool Bar. Trading hours are from 10:00 AM to 11:59 PM daily, with liquor sales available to bona fide lodgers for both on-premises and off-premises consumption during specified hours. This valuable license not only enhances the guest experience but also opens avenues for hosting events, dining experiences, and other activities to boost revenue and elevate the property’s profile.

The business is ready for a new owner or operator to take it to the next level. With the established leasing agreements and its prime location, this investment promises a steady income stream and numerous opportunities for growth. Whether leveraging the spacious outdoor areas or capitalizing on proximity to Darwin’s key attractions, the potential for expansion is vast.

For further information or to schedule a viewing, contact Judy Truong at 0412 892 462 or email [email protected].


Financial details are available upon signing a Non-Disclosure Agreement (NDA). Don’t miss this chance to invest in a thriving business in one of Darwin’s most sought-after locations.