SOLD
Sold on 07 Jun 2024 for $418,000

17/641 Stuart Highway
Berrimah NT 0828

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 123m2
Sold By
North Commercial NT
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Property Details for 17/641 Stuart Hwy, Berrimah

Building Type
Commercial
Land Size
123m2
Local Government
Darwin
Lot/Plan
Loc 055 Lot 7241/UTS2015/024

Last Listing description (November 2023)

Location Description
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.

Property Description
"Berrimah Business Centre" provides a much needed property option for retail and service businesses that are looking at Berrimah.
Attractive in design this complex will include 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.
This tenancy is approximately 117sqm it has been fitted out for this tenant, the fitout includes high ceilings approx. 4 metres, a reception area, two enclosed treatment rooms / offices, an open plan administration area and a generous kitchen.
This complex includes 20 ground level shops, it is nearing full occupancy and includes a broad range of businesses including a Cafe, medical, professional and other service businesses.

Property History for 17/641 Stuart Hwy, Berrimah, NT 0828

A timeline of how this property has performed in the market
Last Sold
$418,000
07 Jun 2024
Listed for Rent
06 Feb 2024
  • 07 Jun 2024
    Sold for $418,000
  • 11 Sep 2023
    Listed for Sale $526,500 + GST / $40,950 + GST p.a.
  • 11 Sep 2023
    Listed for Sale Please Call
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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.

Suburb Insights for Berrimah 0828

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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.