SOLD
Sold on 04 Mar 2024 for $6,050,000

94 Todd Street
Alice Springs NT 0870

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 13000m2
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Property Details for 94 Todd St, Alice Springs

Building Type
Land
Land Size
13000m2
Local Government
Alice Springs
Lot/Plan
Loc 010 Lot 7923/S 88/045B

Last Listing description (July 2018)

The property is zoned Tourist Commercial (TC) under the Northern Territory Planning Scheme. An Exceptional Development Permit (EDP) number EDPI 15/0012 was approved and varied in 2015 for the purpose of a mixed use development comprising of 261 multiple dwellings/serviced apartments/hotel rooms, commercial uses including shops, restaurants and bars in 3 x 8 story buildings and a single level child care with associated car parking.

The property is being sold with EDP in place together with the architectural plans for the development which is the first 8 storey building ever to be approved in Alice Springs.

Property History for 94 Todd St, Alice Springs, NT 0870

A timeline of how this property has performed in the market
Last Sold
$6,050,000
04 Mar 2024
  • 04 Mar 2024
    Sold for $6,050,000
  • 06 Dec 2019
    Sold for $6,050,000
  • 25 Apr 2018
    Listed for Sale $10.4 Million + 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 762 properties. Over the last 5 years, Houses in Alice Springs have seen a -2.36% decrease in median value, while Units have seen a -18.83% decrease. As at 31 August 2024:

  • The median value for Houses in Alice Springs is $403,472 while the median value for Units is $219,138.
  • 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, 7 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.