OFF MARKET

11/641 Stuart Highway
Berrimah NT 0828

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Property Details for 11/641 Stuart Hwy, Berrimah

Building Type
Commercial
Local Government
Darwin
Lot/Plan
Loc 055 Lot 7235/UTS2015/024

Last Listing description (December 2022)

Unit 11 is 80 sqm tenancy at the end corner of Berrimah Business park facing Miles Road.

The Berrimah area has seen significant changes over recent times including the recent development of Kerry's Mazda, Beaumont Tiles, Cam Interior complex and the state of the art 'Darwin Corporate Park'.

These recent developments demonstrate how the area is changing and outline the need in the market place for shops in this location.

"Berrimah Business Centre" provides a much needed property option for retail and service businesses that are looking at Berrimah. In addition to this it has been a very long time since brand new strata titled units have been offered to the market for sale along the Stuart Highway.

Attractive in design this complex includes fantastic signage opportunities to the Stuart Highway and an abundance of off street car parking.

Featuring direct frontage to both the Stuart Highway and Miles Road with a central driveway allowing a vehicle connection between these two streets.

All units include car parking directly in front making it convent for both staff and customers.

Berrimah Business Centre includes 20 strata title tenancies ranging from 80 square metres to 116 square metres with the ability to combine units to areas of over 200 square metres if required.

This development is constructed of solid masonry construction with trim deck roof and extensive glazing throughout. Each unit includes their own toilet, kitchenette, ceiling and a ducted air-conditioning unit.

Please call Ankita Rayal on 0400 428 900 to inspect this commercial property.

Property History for 11/641 Stuart Hwy, Berrimah, NT 0828

A timeline of how this property has performed in the market
Last Sold
$415,000
15 Aug 2022
Listed for Rent
$613/w
14 Dec 2022
  • 15 Aug 2022
    Sold for $415,000
  • 21 Oct 2021
    Listed for Sale $400,000 + GST/ Rental $32,000 + GST + Outgoings
  • 21 Oct 2021
    Listed for Rent $32,000 / year

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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 1,113 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.
There are currently 9 properties listed for sale, and 14 properties listed for rent in Berrimah on OnTheHouse. According to CoreLogic's data, 45 properties were sold in the past 12 months in Berrimah.

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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.