FOR SALE
$1,400,000

30 Virginia Road
Virginia NT 0834

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 290m2
Land area: 1960m2
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Virginia Tavern, Iconic Darwin Tavern - Leasehold

The Virginia Tavern is located just 270m off the Stuart Highway at 30 Virginia Road, Virginia.
- 6kms south of Palmerston CBD.
- 1km North-West of Coolalinga.
The Virginia Tavern is in a prime location, it is at the northern end of Darwins rural suburbs and as Palmerston continues to grow it is now within a stones throw of urban land estates. Further to this strategic planning surrounding The Virginia Tavern indicate infrastructure upgrades and population densification in the immediate surrounding area.
The Virgina Tavern is a longstanding country style tavern which is filled with character and has been very popular with both the locals and tourists. The tavern is in a community centre with local store (fuel and take-away alcohol) and motel and caravan park.
The property is ready to operate, with the entire existing fit out in place including the bar, fridges and colds rooms, kitchen and kitchen equipment and the tables and chairs in the dining room. The layout is efficient in it design, it can be effectivey operated with minimal staff and yet can handle high output during the busy times too.
We are offering the Virginia Tavern operation as a leasehold, including the fixtures, fittings, furniture and equipment and the use of the Liquor Licence and Gaming Licence which incudes 20 gaming machine entitlements. The property owner is offering a long terms lease at fair market terms.
There is approximately 1,600sqm of land behind the Virginia Tavern, the owner has plans to develop this land including car parks and an outdoor area for the use of the operator of the Virginia Tavern.
This presents an opportunity for a dynamic operator to step into a set up venue and return it to its past success. This opportunity is a relatively inexpensive capital outlay and can happen in a quick timeframe.
In my recent attendance at the property I had a member of the public say Find someone to take this place so it can open and we can come back.
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Property Details for 30 Virginia Rd, Virginia

Building Type
Commercial
Floor Size
290m2
Land Size
1960m2

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About Virginia 0834

The size of Virginia is approximately 32.6 square kilometres. It has 1 park. The population of Virginia in 2011 was 2,042 people. By 2016 the population was 1,837 showing a population decline of 10.0% in the area during that time. The predominant age group in Virginia is 50-59 years. Households in Virginia are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Virginia work in a trades occupation. In 2011, 79% of the homes in Virginia were owner-occupied compared with 78% in 2016.

Virginia has 749 properties. Over the last 5 years, Houses in Virginia have seen a 28.38% increase in median value, while Units have seen a 68.03% increase. As at 30 November 2024:

  • The median value for Houses in Virginia is $719,488 while the median value for Units is $465,951.
  • Houses have a median rent of $798.
There are currently 12 properties listed for sale, and 4 properties listed for rent in Virginia on OnTheHouse. According to CoreLogic's data, 40 properties were sold in the past 12 months in Virginia.

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