OFF MARKET

6/8 Gregory Terrace
Alice Springs NT 0870

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 374m2
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Property Details for 6/8 Gregory Tce, Alice Springs

Building Type
Commercial
Land Size
374m2
Local Government
Alice Springs
Lot/Plan
Loc 010 Lot 5775/UP 92/061

Last Listing description (June 2024)

We have the pleasure in offering a packaged sale which would make an outstanding business opportunity. Shared work spaces are a growing industry around the world, and we have our long running facility known as The Business Centre which is located in the Iconic FAI Building in the heart of town.

The Business Centre has been divided into eleven work spaces available for short / long term renters in need of office space. It also offers a component of shared space such as lunch room, board room and meeting rooms.

This would be perfect for a small to medium business operation looking to invest into a commercial real estate but run a shared workspace business along side their operation.

Unit 4, Area under title is 377 square metres, fully occupied it has the potential of over $100,000 per annum of income.

Included in this sale is the unit that Anytime Fitness operates out of and has been a long-standing tenant since they were established in Alice Springs. They currently have a lease in place with attractive returns.

Unit 6, Area under title is 374 square metres

Council rates:

Unit 4: $7,911.78 p.a.
Unit 6: $7,852.48 p.a. 1x Bin

- Packaged sale of unit 4 and unit 6
- Located in the heart of town
- Fully occupied with a potential of over $100,000 p/a
- Anytime Fitness operates and a long standing tenant
- Unit 4 area: 377 square metres
- Unit 6 area; 374 square metres

Property History for 6/8 Gregory Tce, Alice Springs, NT 0870

A timeline of how this property has performed in the market
Last Sold
$1,650,000
15 Oct 2021
  • 15 Oct 2021
    Sold for $1,650,000
  • 16 Feb 2021
    Listed for Sale $1,780,000 Ex GST
  • 02 Mar 2010
    Sold for $850,000
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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 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:

  • The median value for Houses in Alice Springs is $428,156 while the median value for Units is $214,861.
  • Units have a median rent of $380.
There are currently 5 properties listed for sale, and 26 properties listed for rent in Alice springs on OnTheHouse. According to CoreLogic's data, 6 properties were sold in the past 12 months in Alice springs.

Suburb Insights for Alice Springs 0870

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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.