9 Railway TerraceAlice Springs NT 0870
Property Details for 9 Railway Tce, Alice Springs
Last Listing description (June 2023)
Arguably one of the last remaining blocks within the CBD offering such diverse development potential. Located just 500 metres from the Australia Post Office and with a multitude of development options, the property will prove to be an appealing opportunity for a range of industries.
Improvements to the site comprise of a 192 square metre shed situated at the rear of the allotment and a 36 square metre office building at the front of the site.
The workshop is divided into six bays. Bays 1, 2 and 6 are enclosed and are accessed via a PA door or 3 metre by 3 metre roller doors. Bays 3, 4 & 5 are open at the front of the structure.
The office building has been divided into two rooms; the first office features air conditioning, carpeted flooring and a kitchenette. The toilet and wash basin is accessed externally on the side of the building.
With great street exposure, it offers frontage onto Railway Terrace of 31.78 metres, a depth of 63.77 metres with a total land area of 2,023 square metres. There are no registered easements on the title.
The property is zoned Central Business (CB) which actively promotes a mixed-use environment that targets commercial, cultural, administrative, tourism and high-density residential developments.
Expressions of Interest close 12pm Wednesday 16 December 2020 unless sold prior.
Complete information memorandum available by contacting the selling agent, Sam Linn on 0423 337 469 or via email slinn.alicesprings@ljh.com.au .
Property History for 9 Railway Tce, Alice Springs, NT 0870
- 17 Feb 2021Sold for $880,000
- 10 Nov 2020Listed for Sale $800,000 excl. GST
- 31 Oct 2019Listed for Sale $1.1 mil excl gst
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0About 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.
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