FOR SALE
EOI close 21 August 2024

35 Henning Road
Virginia NT 0834

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 23000m2
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Corner site with commercial zoning

8 kms South East of the Palmerston CBD.
- 22kms South East of the Darwin CBD.
- 6kms North West of the Arnhem Highway Turn off.
Coolalinga straddles the Stuart Highway with established commercial centres on both sides of the road.
Woolowrths Coolalinga is only 100 metres from this property and Coolalinga Central Shopping Centre is only 500 metres from this block, across the Stuart Highway, it is the major service centre for Darwin Rural Suburbs. The Coolalinga Shopping Centre itself includes Coles, K-Mart and approximately 40 specialty stores including fashion outlets food and beverage, health and beauty as well as retails including butcher, bakery and bottle shop. External to the shopping centre there are a number of drive-thru fast food outlets, Coolalinga Tavern, fishing shop and service station. The Coolalinga precinct offers the majority of the products and services that people in the surrounding areas will demand day to day.
35 Henning Road, Virginia is positioned on the corner of Henning Road and Wells Creek Road, it has a frontage of approximately 192 metres to Henning Road and 136 metres to Wells Creek Road.
The parcel of land is zoned Specific Use Litchfield 7 (SL7) see attachment Specific Use Litchfield 7.pdf, this zoning has the assessment criteria of Commercial (C) but has specific limitations on the scale of the development to be no greater than 1,440sqm of Shop and 480sqm of warehouse. There are further stipulation around the setbacks and landscaping so that it does not adversely affect the visual amenity of the adjoining lots.
The property is currently improved with an elevated house, this is a three bedroom house and is in a basic condition.
This property is for Sale by Expressions of Interest, closing 5pm Wednesday 21 August 2024.
For more information please contact Lee Doyle 0403 348 243 or Ryan Doyle 0405 192 389.

Property Details for 35 Henning Rd, Virginia

Building Type
Commercial
Land Size
23000m2

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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 742 properties. Over the last 5 years, Houses in Virginia have seen a 31.19% increase in median value, while Units have seen a 68.03% increase. As at 31 July 2024:

  • The median value for Houses in Virginia is $751,894 while the median value for Units is $459,854.
  • Houses have a median rent of $763.
There are currently 12 properties listed for sale, and 2 properties listed for rent in Virginia on OnTheHouse. According to CoreLogic's data, 43 properties were sold in the past 12 months in Virginia.

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Lj Hooker Commercial North Nt
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LJ Hooker Commercial Darwin
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