The property comprises a mostly regular shaped, internal allotment of approximately 1,660 sqm. The site is zoned TC (Tourist Commercial) in accordance with the Northern Territory Planning Scheme 2007 and is situated on the fringe of the Alice Springs Central Business District.
The property is situated at road height which displays a relatively level topography. The site features a street frontage of approximately 29.1 metres to Leichhardt Terrace, a depth of 56.6 metres along the southern boundary, a depth of 61 metres along the northern boundary and a rear boundary of 28.4 metres. Direct street access is considered average for the locality. Exposure is considered good for the locality.
The site is situated across the road from the Todd River. It adjoins other allotments of similar zoning.
Improvements on site are limited to a part solid block, part metal clad construction workshop with mezzanine floor (area: 154 sqm). Further, the site is fenced on two boundaries and to the northern boundary is bordered by the Imparja Building. The remaining of the site is undeveloped and comprises gravel/earth hardstand.
Information Memorandum and Expressions of Interest documentation available from the selling agent.
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 761 properties. Over the last 5 years, Houses in Alice Springs have seen a -12.57% decrease in median value, while Units have seen a -24.04% decrease. As at 30 September 2024:
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