OFF MARKET

8 Railway Terrace
Alice Springs NT 0870

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Property Details for 8 Railway Tce, Alice Springs

Building Type
Commercial
Local Government
Alice Springs

Last Listing description (January 2021)

This superbly located commercial property sits on the intersection of the Stuart Highway, Railway Terrace and Wills Terrace and enjoys arguably the best exposure of any commercial site in Alice Springs.

The property sits on 2,430 square metres of land zoned Central Business and comprises 1,179 square metres of showroom, offices, workshop, mezzanine floor and amenities. The building improvements were substantially remodelled in 2006 and now present as outstanding commercial, retail and administrative premises.

There is substantial on site car parking together with landscaped grounds and an attractive entrance off Railway Terrace. The premises have split system reverse cycle air conditioners, modern and attractive tiled and carpeted flooring, male and female amenities, a large mezzanine floor providing office and boardroom facilities, and numerous partitioned offices. The workshop measures 288 square metres and has direct access to the office administration areas and vehicular access from the on site car parking area. The offices and showroom are an extremely spacious 620 square metres and there are large external verandas and canopies of 175 square metres.

The property is ideally suited to an owner occupier looking to take advantage of the excellent position and to obtain maximum exposure.

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Property History for 8 Railway Tce, Alice Springs, NT 0870

A timeline of how this property has performed in the market
Listed for Rent
$4.01k/w
14 Apr 2015
  • 11 Nov 2020
    Listed for Sale $1,950,000 + GST
  • 11 Nov 2020
    Listed for Rent - Price not available
  • 12 Oct 2018
    Listed for Sale Not Disclosed
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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.

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