OFF MARKET

87 Todd Street
Alice Springs NT 0870

Bedrooms: -
Bathrooms: -
Car spaces: 5
Floor area: 1200m2
Land area: 422m2
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Property Details for 87 Todd St, Alice Springs

Building Type
Commercial
Floor Size
1200m2
Land Size
422m2
Local Government
Alice Springs
Lot/Plan
Loc 010 Lot 8553/S 95/014

Last Listing description (March 2013)

THE BEST KEPT SECRET IN ALICE SPRINGS
Opening up a sensational opportunity to own and operate out of one of the most amazing well kept secrets in Alice Springs.
Located in the heart of Alice Springs, this three storey property is situated at the southern end of the extremely well known Todd Mall and offers a rare opportunity with excellent exposure and endless opportunities for expansion.

The improvements take up every available square metre of this 422sqm site but there is a magnitude of opportunities for you take advantage of within the 1200sqm space!
Starting from the ground floor you are welcomed by the retail area that currently specialises in the sales and service of Authentic Aboriginal Art. Continuing on through the front gallery you are greeted with a welcoming relaxation area complete with local parrots to vocalise with. There is a second gallery beyond this area and then opens up to an open office and artists painting area. A loading bay is located at the rear boundary.
The 1st floor is used for Art Exhibitions and artists painting space but would be suitable for use as professional offices.
The top floor of this incredible property has a Penthouse with its own balcony overlooking the Todd Mall, the entire CBD and has amazing views of the ranges.
There is also the option to buy this property and lease it back to the current owners.
Todd Mall properties are tightly held and rarely come onto the market so call Heather Parkinson on 0418 180 286 today to secure an appointment to view this rare property.

Property History for 87 Todd St, Alice Springs, NT 0870

A timeline of how this property has performed in the market
Last Sold
$2,100,000
14 Jun 2019
Listed for Rent
$11k/w
14 Jun 2013
  • 14 Jun 2019
    Sold for $2,100,000
  • 14 Jun 2013
    Listed for Rent - Price not available
  • 15 Feb 2013
    Listed for Rent - Price not available
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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.