OFF MARKET

15/641 Stuart Highway
Berrimah NT 0828

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 120m2
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Property Details for 15/641 Stuart Hwy, Berrimah

Building Type
Commercial
Land Size
120m2
Local Government
Darwin
Lot/Plan
Loc 055 Lot 7239/UTS2015/024

Last Listing description (November 2023)

Berrimah Business Centre is prominently located on the Stuart highway in Berrimah Business Park.

The Darwin CBD is only 8 radial kilometres away, Casuarina less than 7 radial kilometres and Palmerston only 8 radial kilometres away. There is also excellent access to East Arm Port via Berrimah Road.

Berrimah Business Centre is a modern commercial complex which enjoys direct exposure to the Stuart Highway and convenient access tot he Stuart Highway service road at the front and Miles Road at the rear. This complex offers generous car parking and network of awnings.

Unit 15 is 116sqm and is under lease to Youthworx NT for a net annual rental of $47,106.40. The lease commenced of 1 March 2021, the initial term runs for two years and has now been extended to 28 February 2025. This property has undergone a comprehensive fitout and offers many state-of-the-art features. This fitout it highly functional and would suit many different types of businesses. Youthworx NT is a not for profit organisation who deliver a range of valuable services and programs with an emphasis on skill development for youth.

For more information please contact Lee Doyle on 0403 348 243 lee@northcommercial.com.au or Ryan Doyle on 0405 192 389 ryan@northcommercial.com.au.

Property History for 15/641 Stuart Hwy, Berrimah, NT 0828

A timeline of how this property has performed in the market
Last Sold
$580,000
03 Oct 2023
Listed for Rent
$5.23k/w
16 May 2019
  • 03 Oct 2023
    Sold for $580,000
  • 11 Jul 2023
    Listed for Sale $628,085
  • 09 Aug 2021
    Sold for $540,000
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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, 46 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.