OFF MARKET

13 Parsons Street
Alice Springs NT 0870

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 712m2
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Last updated 11 Nov 2024
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Property Details for 13 Parsons St, Alice Springs

Building Type
Unknown
Land Size
712m2
Local Government
Alice Springs
Lot/Plan
Loc 010 Lot 4217/B 000718

Last Listing description (November 2024)

Located in the dynamic Central Business District of Alice Springs, this three-storey office building on Parsons Street presents a significant investment opportunity. Featuring a blend of retail and office spaces, this property is ideally positioned to capitalise on Alice Springs' commercial growth.

Property Highlights:
Strategic CBD Location: Situated within the bustling heart of Alice Springs, offering exceptional visibility and access.

Mixed-Use Configuration: This includes retail space on the ground floor and office spaces on the two upper floors, catering to a variety of business types.
Ample Parking: Equipped with a bitumen driveway and ample open car parking areas.
Modern Facilities: All tenancies are outfitted with essential services, ensuring comfort and functionality.
High-Traffic Area: Direct exposure to daily commuter and pedestrian traffic.
Flexibility for Investors: Potential to customise the vacant space to meet specific tenant needs.
Growth Potential: Opportunity to enhance property value through active management and leasing of vacant space.

Tenancy Details:
Ground Floor Tenancy 1 (Carers NT Limited): 100 m - Currently leased, providing stable rental income.
Ground Floor Tenant 2: 212 m - Vacant, available for immediate lease, ideal for retail or office use.
First Floor Tenancy 3: 312 m - Vacant, available for immediate lease, ideal for retail or office use.
Second Floor Tenancy 4: 312 m - Vacant, available for immediate lease, ideal for retail or office use.

Property Specifications:
Address: 13 Parsons Street, Alice Springs, NT
Zoning: CB - Central Business
Land Area: 712 m
Total Lettable Area: 936 m
Council Rates: $26,577 per annum

This property represents a remarkable investment opportunity. It combines a high-demand CBD location with a mix of tenanted and vacant spaces that offer a balance of secure income and growth potential through new leases.

Expressions of interest closes 12pm on Friday 13th December

For further details or to request an Information Memorandum, please contact Lindsay at 0439 034 711 or lindsay.carey@nh.com.au

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Property History for 13 Parsons St, Alice Springs, NT 0870

A timeline of how this property has performed in the market
Last Sold
$1,100,000
01 Nov 1999
  • 11 Nov 2024
    Listed for Sale Expressions of Interest
  • 01 Nov 1999
    Sold for $1,100,000

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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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