OFF MARKET

790 Vanderlin Drive
Berrimah NT 0828

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 17100m2
Land area: 17100m2
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Property Details for 790 Vanderlin Dr, Berrimah

Building Type
Commercial
Floor Size
17100m2
Land Size
17100m2
Local Government
Darwin
Lot/Plan
Loc 055 Lot 2845/S 83/179

Last Listing description (April 2012)

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).

* Situated in Darwin's bulky goods retail precinct opposite Harvey Norman and immediately adjacent to The Zone shopping centre (also for sale)
* Approved for a Retail Showroom Development of 9,478sqm (approx) GFA comprising 10 tenancies and parking for 293 (approx) vehicles
* Large commercial site - Land Area: 17,100sqm (approx)
* Exposure to over 24,777 vehicles per day on the Stuart Highway - one of Darwin's busiest arterial roads
* 310 metre (approx) highway frontage
* Portion 02845, Hundred of Bagot, Survey Plan S83/179
* Adjoins The Zone Retail Centre which is also available for sale either Separately or In One Line with this Site

Property History for 790 Vanderlin Dr, Berrimah, NT 0828

A timeline of how this property has performed in the market
Last Sold
$14,300,000
02 Jul 2012
  • 02 Jul 2012
    Sold for $14,300,000
  • 02 Nov 2011
    Listed for Sale EOI CLOSE 4PM (AEST) 6 DECEMBER 2011
  • 13 Feb 2010
    Listed for Sale Not Disclosed
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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, 46 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.