OFF MARKET

2/29 Miles Road
Berrimah NT 0828

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 138m2
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Property Details for 2/29 Miles Rd, Berrimah

Building Type
Commercial
Floor Size
138m2
Local Government
Darwin

Last Listing description (July 2013)

???Elevate your business??? at Altitude
???Altitude??? is located in Berrimah Business Park, which is ideally located in the heart of the great Darwin are, midway between the Darwin and Palmerston Central Business Districts. This Location also allows convenient access north to Darwin???s northern suburbs and south to the East Arm Port.
???Altitude??? is position on the southern side on the central road in Berrimah Business Park and offers a primarily northerly aspect.

We anticipate that this location will place this project in high demand from a broad range of small businesses.
The proposed development is highly functional with a corporate style street presence across the three buildings with generous 8 metre wide driveways offering good access and turning for the
occupant of the rear warehousing tenancies.
Constructed primarily of rendered masonry block with metal clip lock roof sheeting. ???Altitude??? has deliberately been designed with a corporate profile in mind and we are confident that it will be well received by both local and interstate businesses.
The development will include a total of nine tenancies across three building with five office suites at the front and four office warehouses at the rear. Each unit will include a toilet and kitchenette with an extensive list of other features including screened air-conditioning alcoves, attractive feature cladding and awnings. The complex also offers abundant car parking and the option for a small yard area on a couple of the units.
Expected completion, April 2014.
For more information please contact exclusive marketing agents Lee Doyle 0403 348 243 or Ryan Doyle 0405 192 389 at First National Commercial.

Property History for 2/29 Miles Rd, Berrimah, NT 0828

A timeline of how this property has performed in the market
Listed for Rent
$740/w
30 Jul 2013
  • 10 Jul 2013
    Listed for Rent - Price not available
  • 09 Jul 2013
    Listed for Sale $497,000 + GST

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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.