A Fantastic Opportunity presents itself here to any astute buyer.
This vacant block of land of approximately 2780sqm offers convenient accessibility to Berrimah, Palmerston, the Northern Suburbs, and the Darwin CBD as well as proximity to the East Arm Trade Development Zone, via both the Stuart Highway, and Tiger Brennan Drive.
The Berimah area has seen many significant changes over recent times now attracting office, retail and service businesses as well as large warehouses/ showrooms.
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:
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