FOR SALE
$2,200,000 exl GST

2 Railway Terrace
Alice Springs NT 0870

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2430m2
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Iconic Commercial Offering

Is it time to add a solid commercial investment property to the portfolio, it just might be.
The site is positioned on the corner of the Stuart Highway, Wills Terrace and Railway Terrace, there is plenty of exposure to passing traffic.
There has been a broad range of businesses that operated from the premises, such as a popular club, vehicles and motorcycle shop, various retail and now it is being utilised for offices by the NT Government.
Overall, the land area is 2,430 square metres with a building size of approximately 1,179 square metres. Secure income from an appealing lease until June 2027 with an option to renew.
Great buying for any investor or owner-operator looking to secure a site in the tightly held market of Alice Springs commercial real estate.
For more information please contact Sam Linn 0423 337 469.
Council Rates: $42,375.40 p.a.

Property Details for 2 Railway Tce, Alice Springs

Building Type
Commercial
Land Size
2430m2

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About Alice Springs 0870

The size of Alice Springs is approximately 1.3 square kilometres. It has 5 parks covering nearly 14.6% of total area. The population of Alice Springs in 2011 was 347 people. By 2016 the population was 294 showing a population decline of 15.3% in the area during that time. The predominant age group in Alice Springs is 40-49 years. Households in Alice Springs are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Alice Springs work in a professional occupation. In 2006, 11.1% of the homes in Alice Springs were owner-occupied compared with 2.5% in 2011..

Alice Springs has 764 properties. Over the last 5 years, Houses in Alice Springs have seen a 12.35% increase in median value, while Units have seen a -15.05% decrease. As at 31 October 2024:

  • The median value for Houses in Alice Springs is $415,147 while the median value for Units is $239,715.
  • Units have a median rent of $380.
There are currently 5 properties listed for sale, and 29 properties listed for rent in Alice springs on OnTheHouse. According to CoreLogic's data, 7 properties were sold in the past 12 months in Alice springs.

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Sam Linn
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LJ Hooker Alice Springs
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