SOLD
Sold on 03 Dec 2024 for $825,000

1/1 Marlow Road
Berrimah NT 0828

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 507m2
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Property Details for 1/1 Marlow Rd, Berrimah

Building Type
Commercial
Land Size
507m2
Local Government
Darwin
Lot/Plan
Loc 055 Lot 7271/UTS2015/033

Last Listing description (September 2016)

Ideally on Berrimah Road located in Berrimahs established industrial precinct only 9 kilometres east of Darwins Central Business District.
The property is ideally located from a logistics perspective as it lies between the major arterial roads the Stuart Highway and Tiger Brenan Drive allowing easy access into and out of town. The property is on the corner of Berrimah and Marlow Roads.
This property also enjoys close proximity to both the East Arm seaport and the Darwin International Airport.

This property represents a great warehouse duplex with 345 square metres of clearspan warehouse area with great internal clearance and accessed via 2 large container height roller doors, one at the front and one at the rear. Each side features showers and toilets.
The Landlord will fit-out a 30 square metre office for the incoming tenant.

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Property History for 1/1 Marlow Rd, Berrimah, NT 0828

A timeline of how this property has performed in the market
Last Sold
$825,000
03 Dec 2024
Listed for Rent
$1.04k/w
11 Jul 2016
  • 03 Dec 2024
    Sold for $825,000
  • 15 Jan 2016
    Listed for Rent $48,000 / year
  • 16 Sep 2015
    Sold for $872,850
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About Berrimah 0828

The size of Berrimah is approximately 9.8 square kilometres. It has 6 parks covering nearly 2.3% of total area. The population of Berrimah in 2011 was 1,240 people. By 2016 the population was 769 showing a population decline of 38.0% in the area during that time. The predominant age group in Berrimah is 10-19 years. Households in Berrimah are primarily childless couples and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Berrimah work in a trades occupation. In 2011, 32.7% of the homes in Berrimah were owner-occupied compared with 39.3% in 2016.

Berrimah has 1,123 properties. Over the last 5 years, Houses in Berrimah have seen a -4.96% decrease in median value, while Units have seen a 0.59% increase. As at 30 November 2024:

  • The median value for Houses in Berrimah is $420,702 while the median value for Units is $403,474.
  • Houses have a median rent of $880 while Units have a median rent of $595.
There are currently 13 properties listed for sale, and 15 properties listed for rent in Berrimah on OnTheHouse. According to CoreLogic's data, 36 properties were sold in the past 12 months in Berrimah.

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