DA Approved Retail Development Site - Berrimah, Darwin, NT
For Sale by Expressions of Interest - Offers Close 4pm (AEST) Tuesday, 6 December 2011
The site is situated in a strategic, high profile, high visibility position with a long frontage (310 metre approx.) to the Stuart Highway (National Highway 1) opposite Harvey Norman and adjoining The Zone Retail Centre. Located 12 klms (approx) east of the Darwin CBD and 9 klms (approx) north-west of the Palmerston CBD, the property benefits from excellent exposure and access, with over 24,777 vehicles passing the site daily. (Source: Northern Territory Government Traffic Report 2009).
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 -1.12% decrease in median value, while Units have seen a 6.78% increase. As at 30 September 2024:
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