25 Miles RoadBerrimah NT 0828
Property Details for 25 Miles Rd, Berrimah
Last Listing description (June 2019)
Major multi-national Corporations are now able to expand to Darwin assured in the knowledge that Berrimah Business Park in Darwin can provide a quality opportunity in a master-planned commercial estate.
There are dual entry points into the estate. All roads and roundabouts are to the latest standard, meaning ease of access into the Business Park for both employees and customers.
Several significant developments are already well underway with Darwin Corporate Park (22,000sqm of commercial office over 8 buildings), NT Motorcycle Centre, RSEA, HIA, Samios Plumbing and CNW Electrical to name only a few.
- The commercial zoning (SD31) allows for far more flexibility than an industrial zoning.
- 27 out of 41 lots already sold with over $40million in sales out of a total $60million for stage one.
25 Miles Road is located in the second row back from the Stuart Highway. The subject site is 2,460 square metres and is priced at $922,500 + GST.
Property History for 25 Miles Rd, Berrimah, NT 0828
- 20 Jun 2019Listed for Sale Not Disclosed
- 24 Aug 2015Sold for $2,751,100
- 26 Jun 2015Listed for Sale $922,500 + GST
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0About 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.
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