Built in 1925, it was originally known as the Cable Company Residence, as it was erected to house an executive of the British Australian Telegraph Company. In 1948, it became the home of John Lyons, a one time Mayor of Darwin, and his family. The building is filled with photos and descriptions of life in the early years of the city.

Located on the Esplanade overlooking the harbour, Lyons Cottage is the only remaining example of colonial bungalow style architecture to be found in Darwin. The building is constructed of locally quarried porcelanite stone and in its time, was the first stone residence constructed in Darwin for thirty years. Featuring shuttered windows and high ceilings, the design of the cottage echoes the distinctive architectural style of British colonial dwellings in India, Malaysia and Singapore.

Lyons Cottage is currently operated by Aboriginal Bush Traders retailers and includes historical displays about the Northern Territory. Aboriginal Bush Traders is a not-for-profit initiative, that assists with the development, retail and promotion of Indigenous products and services from around the Top End. Free admission.