OFF MARKET

106 Stuart Highway
Adelaide River NT 0846

Bedrooms: -
Bathrooms: 20
Car spaces: -
Land area: 17770m2
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Property Details for 106 Stuart Hwy, Adelaide River

Building Type
Commercial
Land Size
17770m2
Local Government
Coomalie
Lot/Plan
Loc 005 Lot 132/S 86/386

Last Listing description (August 2022)

The Iconic Adelaide River Inn & Resort is situated within the Township of Adelaide River (112km/70mi) south of Darwin & (201km/127mi) north of Katherine on the Stuart Hwy, Northern Territory, Australia, with prime frontage of 140m to Stuart Highway.

Ranked in the Top 5 Puma Service Stations in the NT, 150,000 litres per month based on the past 6 months activity.

Gross annual income (2020/21) of over $9,000,000 across the family owned and ran businesses.

Control freehold & leasehold with value add opportunity to further enhance all three businesses, with room for additional accommodation, expansion for the Puma Service Station and store and room to expand the 303 Bar and Bistro.

Land 22,090m2 across 3 titles. One title makes up the island bordering Stuart Highway, Memorial Terrace, Dogherty and Hopewell Street. The second and third titles on the corner of Hopewell Street and Becker Street with cabins, hotel rooms, manager's residence and previous caf/restaurant (not currently in use).

Resort includes 43 hotel rooms ranging from budget rooms, motel rooms and self-contained cabins, Caravan Park includes 23 powered sites, unpowered sites, laundry facilities, amenities blocks, staff and managers accommodation and swimming pool.
Wayside Inn Liquor Licence on the island site

Adelaide River Inn is rich in Australian and cinematic history, as the go-to point for WW2 ANZACs and Charlie the Buffalo sitting at the end of the 303 bar from the movie Crocodile Dundee.

Floor Area 22,090 m
Land Area 2.21 ha

Property History for 106 Stuart Hwy, Adelaide River, NT 0846

A timeline of how this property has performed in the market
Last Sold
$3,650,000
31 Aug 2023
  • 31 Aug 2023
    Sold for $3,650,000
  • 19 Jul 2021
    Listed for Sale Under Contract
  • 21 Jul 2010
    Sold for $1,700,000
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About Adelaide River 0846

The size of Adelaide River is approximately 146.8 square kilometres. It has 3 parks covering nearly 0.3% of total area. The population of Adelaide River in 2011 was 237 people. By 2016 the population was 364 showing a population growth of 53.6% in the area during that time. The predominant age group in Adelaide River is 50-59 years. Households in Adelaide River are primarily couples with children and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Adelaide River work in a labourer occupation. In 2011, 57.9% of the homes in Adelaide River were owner-occupied compared with 54.5% in 2016.

Adelaide River has 232 properties. Over the last 5 years, Houses in Adelaide River have seen a 55.45% increase in median value, while Units have seen a 38.98% increase. As at 31 October 2024:

  • The median value for Houses in Adelaide River is $237,399 while the median value for Units is $232,108.
There are currently 5 properties listed for sale, and no properties listed for rent in Adelaide river on OnTheHouse. According to CoreLogic's data, 12 properties were sold in the past 12 months in Adelaide river.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.