5 Wishart RoadBerrimah NT 0828
Property Details for 5 Wishart Rd, Berrimah
Last Listing description (May 2014)
Long Term Blue Chip Tenant in Premium Industrial Location
Colliers International is privileged to offer for sale a truly unique industrial/commercial/retail property located in the heart of Darwin's thriving industrial hub. 5 Wishart Road is situated on a prominent corner position, adjacent to the main entrance to Darwin port, rail and logistics precinct.
The property is unlike any other with a mix of industrial, commercial and retail, underpinned by a long term lease to a well known Australian company now owned by a strong international energy brand.
* Occupied by an established national company recently purchased by a large international company
* Strong lease covenants
* Located in Australia's most prosperous economic region
* Growth corridor for industrial development and possible residential development (Berrimah Farm)
* Potential for further development of the site
* Lease expiry 2026 with a ten year option
* Unrivalled corner positioning with dual frontage to Wishart and Berrimah Roads
For Sale by EOI closing 19 June 2014 at 4pm (ACST)
Property History for 5 Wishart Rd, Berrimah, NT 0828
- 15 May 2014Listed for Sale Not Disclosed
- 10 Nov 2005Sold for $1,100,000
- 08 Dec 2003Sold for $1,100,000
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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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