107 Boulter RoadBerrimah NT 0828
Property Details for 107 Boulter Rd, Berrimah
Last Listing description (March 2022)
On offer is 5,970 m2 of land, part of which is leased until January 2039 for $148,500G pa + GST. The property is located in the Darwin Suburb of Berrimah and is zoned CP (Community Purpose). The location benefits from good access to arterial roads leading to the Darwin CBD, Palmerston and the Northern Suburbs.
The property is currently divided into two separate tenancies namely 107A & 107B, tenanted by Milkwood Steiner School Association Inc. and NT Explorers Pty Ltd (Child Care Centre) respectively. Tenancy 107A is approximately 3812m2, Tenancy 107B is approximately 1520m2 and the common property that lies between the tenancies is some 638m2.
Tenancy 107B (Child Care Centre) is currently leased until January 2039 for $148,500G pa + GST. The improvements owned by the landlord include a 373m2 (approx.) corrugated steel cladded building, 140m2 (approx.) of which is timber decked verandah space. Inside features 2 x offices, 2 x storerooms, 2 x bathrooms, sleep room, sick room, kitchen, locker room, meal room and large playroom. The yard features a fenced swimming pool, sand pit and grassed areas, much of which is protected by shade cloth. Located near the entrance of the centre is a raised transportable office with a covered raised walkway leading into the main building. The tenancy is fully fenced.
With respect to the school, the lease has recently expired and has rolled on as a month to month lease, with rent at $5,000 per month GST incl + outgoings. The improvements at the school are transportable buildings owned by the tenant. The tenancy is fully fenced.
Tenancy 107B - NT Explorers Pty Ltd - Child Care Centre
Leased until January 2039
Rent $148,500G pa + GST
1520m2 (approx.)
373m2 building owned by vendor
Swimming pool
Tenancy 107A - Milkwood Steiner School Association Inc.
Month to month Lease
Rent $5000N per month GST included
3812m2 (approx.)
Improvements owned by tenant
Make no mistake, this is a rare opportunity to secure a solid investment currently generating rent of more than $148,500 pa + GST until 2039. Invest now and reap the rewards.
For further information or to arrange an inspection contract the agent or email darwin@ljhc.com.au.
Property History for 107 Boulter Rd, Berrimah, NT 0828
- 27 Jan 2022Listed for Sale Auction
- 19 Jun 2006Sold for $275,000
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0About 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 1,113 properties. Over the last 5 years, Houses in Berrimah have seen a 3.46% increase in median value, while Units have seen a 5.50% increase. As at 31 October 2024:
- The median value for Houses in Berrimah is $428,025 while the median value for Units is $407,692.
- Houses have a median rent of $765 while Units have a median rent of $415.
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