OFF MARKET

655 Stuart Highway
Berrimah NT 0828

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 500m2
Land area: 5410m2
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Property Details for 655 Stuart Hwy, Berrimah

Building Type
Commercial
Floor Size
500m2
Land Size
5410m2
Local Government
Darwin
Lot/Plan
Loc 055 Lot 6437/LTO2011/114B

Last Listing description (January 2022)

FOR SALE by Private Treaty.

These well-developed showroom/warehouse facilities present a sound investment in a high-profile location. With 74.5m of Stuart Highway frontage and only 11km from Darwin CBD, there is a total site area of 5,410sqm.


All four tenancies hold quality tenants and are for sale in one line or individually.

- Fully leased investment
- WALE of 5 years
- Only 2 years old
- Great depreciation benefits
- Estimated net income of $680,000 (approx.)
- Gross building area of 2,743sqm (approx.)

Property History for 655 Stuart Hwy, Berrimah, NT 0828

A timeline of how this property has performed in the market
Last Sold
$3,183,785
03 Jul 2017
Listed for Rent
12 Feb 2019
  • 12 Jan 2022
    Listed for Sale Private Treaty
  • 07 Mar 2019
    Listed for Sale Price on Application
  • 25 Aug 2017
    Listed for Rent - Price not available
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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 10 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.