A prime piece of Alice Springs Real Estate positioned in the CBD on one of the busiest roads with premium exposure, perfect for businesses that open their doors to the public.
The site offers a whopping 1,680 square metres of freehold land with Tourist Commercial (TC) zoning allowing for a large scope of developments.
The heritage listed Former CWA Rooms on the allotment is historically and architecturally important to the Northern Territory. For much of its existence, the building has been closely associated with women living in the town and the Central Australian region. The building serves to recall women's involvement in WWII and later their contribution to community development in an isolated region.
Constructed in 1942, the building served as the CWA Womens Recreation Room until it ceased operations in 1978. In latter years, the building has served the tourist industry as a youth hostel before being converted into a restaurant and bar. The building is one of the very few surviving buildings from the significant WWII period and possesses some distinctive design elements for a building in Alice Springs such as the instantly recognisable Dutch gable roof.
Internally the property is currently fitted out for a restaurant/bar with other improvements including a games room and Alfresco seating area. At the rear of the property is a large, unsealed car parking area.
Currently leased, the time is ripe to landbank the property for future opportunities with an abundance of new developments happening in the area.
For information regarding the lease, please contact the agent.
Council Rates: $11,499.81 p.a.
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:
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