OFF MARKET

7/11 Vanderlin Drive
Casuarina NT 0810

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3310m2
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Property Details for 7/11 Vanderlin Dr, Casuarina

Building Type
Commercial
Land Size
3310m2
Local Government
Darwin

Last Listing description (October 2024)

Knight Frank are pleased to present for sale by Expressions of Interest the Casuarina Medical Centre, located adjacent to the dominant Casuarina Regional shopping centre precinct.

Casuarina Medical Centre represents a defensive, long-WALE medical asset with a complimentary mix of medical practitioners and tenants including Darwin Day Surgery, Top End Medical Centre, Amcal Pharmacy, Healius Pathology and Skin Cancer Care NT.

The key investment highlights of this asset include:

Anchored by large-format GP Clinic with 5 sites across Darwin
Darwin Day Surgery incorporates 2 x theatres with 9a classification
Additional tenants Amcal Max Pharmacy, Healius Pathology,
100% let to medical tenants
Estimated Net Income is $827,793 p.a. + GST*
1,495 sqm* NLA
4.40 year WALE (by income)
70 Carparks

* Approx.

Casuarina Medical Centre is offered as part of a 2-asset medical portfolio sale, with 164 Forrest Parade, Rosebery.
Bids will be accepted on individual assets or a portfolio basis.

For further information please contact the exclusive marketing agents at Knight Frank.

Property History for 7/11 Vanderlin Dr, Casuarina, NT 0810

A timeline of how this property has performed in the market
  • 24 Oct 2024
    Listed for Sale For sale

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About Casuarina 0810

The size of Casuarina is approximately 0.4 square kilometres. It has 2 parks covering nearly 7.4% of total area. The population of Casuarina in 2011 was 11 people. By 2016 the population was 323 showing a population growth of 2836.4% in the area during that time. The predominant age group in Casuarina is 20-29 years. Households in Casuarina are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Casuarina work in a community and personal service occupation. In 2006, 66.6% of the homes in Casuarina were owner-occupied compared with 22.6% in 2016..

Casuarina has 351 properties. Over the last 5 years, Units in Casuarina have seen a -5.35% decrease in median value. As at 31 October 2024:

  • The median value for Houses in Casuarina is $435,466 while the median value for Units is $348,606.
There are currently 1 property listed for sale, and 1 property listed for rent in Casuarina on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Casuarina.

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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.