OFF MARKET

75 Todd Street
Alice Springs NT 0870

Bedrooms: -
Bathrooms: -
Car spaces: 20
Land area: 1834m2
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Property Details for 75 Todd St, Alice Springs

Building Type
Commercial
Land Size
1834m2
Local Government
Alice Springs

Last Listing description (June 2024)

This iconic building situated in the Todd Mall is ready to pass onto another generation, the owners have said it is time to give this prominent property to a mover and shaker to bring it back to its former glory.

Being a substantial site of 1,820 square metres at the vibrant end of the mall with many complimentary businesses to feed off, it can be easy to see how a new business could capitalise on exposure in its prominent position.

There is currently a tenant in one-third of the building utilizing it as an Art Shop with a lease until September 2024 with a further 3-year option.

The remainder of the building had been a bar/ nightclub but has since been split into two tenancies after the property had been vacated. The total area of this portion of the building is approximately 325 square metres. Internally this area is a blank canvas and would need to be revitalized.

At the rear of the site off Tuit Lane are the car parks servicing the tenancies.
Further information can re requested from Sam Linn.

Council Rates: $37,334.23 p.a.

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Property History for 75 Todd St, Alice Springs, NT 0870

A timeline of how this property has performed in the market
  • 20 May 2021
    Listed for Sale $2,250,000 Ex GST

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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, 6 properties were sold in the past 12 months in Alice springs.

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