OFF MARKET

21 Todd Mall
Alice Springs NT 0870

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2200m2
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Property Details for 21 Todd Mall, Alice Springs

Building Type
Commercial
Land Size
2200m2
Local Government
Alice Springs
Lot/Plan
Loc 010 Lot 7596/LTO86/030

Last Listing description (January 2023)

Colliers is proud to present for sale - 21 Todd Street, Alice Springs. This impressive property is located in the heart of the CBD and securely leased by the Northern Territory Government.

The facility accommodates Megafauna Central which is a modern museum, a tourism drawcard that showcases the unique megafauna that roamed central Australia 8 Million years ago. The high profile property is positioned on an allotment of 2200m2 in the centre of Alice Springs Township -Todd Mall adjacent to Alice Plaza.

The property is securely leased on a 5 year basis to the Northern Territory Government. Significant recent capital upgrades from both landlord and tenant present the building in exceptional condition and the asset is an impressive landmark and a must see destination for both locals and tourists.

Key Investment Highlights:

* Prime CBD Location
* Excellent profile and accessibility
* Zoning - CB Central Business
* 2200m2 allotment
* 1641m2 of Improvements over two levels
* Leased to NT Government for 5 years
* Recent re commitment to lease by NTG
* Recently refurbished building
* 12 car parking bays
* Direct proximity to key public amenity
* Versatile asset - previously Westpac Bank Branch
* Just 200m from proposed new National Aboriginal Art Gallery

21 Todd Street, Alice Springs is being offered for sale by Colliers and Northern Australia Property Consultants via an Expressions of Interest (EOI) campaign closing on Wednesday 19th October 2022 at 4pm (ACST).

Property History for 21 Todd Mall, Alice Springs, NT 0870

A timeline of how this property has performed in the market
Last Sold
$3,150,000
07 Nov 2022
  • 07 Nov 2022
    Sold for $3,150,000
  • 14 Sep 2022
    Listed for Sale SOLD
  • 16 Dec 2010
    Sold for $4,000,000
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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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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.