FOR SALE
Offers over $1,550,000

18 Shepherd St
Darwin City NT 0800

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 683m2
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Prime Commercial Land in Darwin CBD with Holding Income!

LJ Hooker Is Proud To Present 18 Shepherd's Street Darwin City.
Attention all investors and developers! A unique opportunity presents itself with this prime commercial property located at 18 Shepherd Street, Darwin. This property is situated in the heart of the Central Business District and boasts a whopping 683 sqm of land. Enjoy a steady holding income of approximately $26,000 per year. Don't miss out on this fantastic opportunity to secure a prime piece of real estate in the thriving city of Darwin. Contact us today for more information and to arrange an inspection.
The Deal
-Zone CBD (build up or land bank)
-683 sqm of prime CBD land
-Huge 24.3 meter frontage !
-Holding income
-Has plans for unit site
For more information contact Rory on 0451600030 or Email: rturner@ljhookerdarwin.com.au

Property Details for 18 Shepherd St, Darwin City

Building Type
Commercial
Land Size
683m2

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About Darwin City 0800

The population of Darwin City in 2011 was 4,545 people. By 2016 the population was 6,479 showing a population growth of 42.6% in the area during that time. The predominant age group in Darwin City is 20-29 years. Households in Darwin City are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Darwin City work in a professional occupation. In 2011, 26.6% of the homes in Darwin City were owner-occupied compared with 22.8% in 2016.

Darwin City has 5,385 properties. Over the last 5 years, Houses in Darwin City have seen a -3.25% decrease in median value, while Units have seen a 25.89% increase. As at 30 November 2024:

  • The median value for Houses in Darwin City is $457,354 while the median value for Units is $402,400.
  • Houses have a median rent of $585 while Units have a median rent of $600.
There are currently 78 properties listed for sale, and 71 properties listed for rent in Darwin city on OnTheHouse. According to CoreLogic's data, 314 properties were sold in the past 12 months in Darwin city.

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