OFF MARKET

2/52A Mitchell Street
Darwin City NT 0800

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 66m2
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Property Details for 2/52a Mitchell St, Darwin City

Building Type
Commercial
Land Size
66m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 7540/DVP2004/022

Last Listing description (November 2016)

AN EXCEPTIONAL OPPORTUNITY TO OWN OR LEASE YOUR OWN LITTLE PIECE OF MITCHELL STREET!THE TENANCY IS SITUATED UNDER THE MELALEUCA ON MITCHELL BACKPACKERS AND OFFERS A GREAT LOCATION EITHER AS A RETAIL SHOP OR POTENTIALLY A FOOD OFFERING. THE UNITS WERE ORIGINALLY DEVELOPED IN 2005 AND SOME OF THE BUSINESSES HAVE BEEN TRADING HERE SINCE DAY ONE WHICH IS TESTAMENT TO THE STRENGTH OF THE LOCATION FOR RETAIL. THIS TENANCY MEASURES 66SQM AND HAS GYPROCK LINED CEILINGS, TILED FLOORS AND SPLIT SYSTEM AIR-CONDITIONING. THERE IS SOME EXISTING FIT-OUT IN PLACE SO A TENANT COULD POTENTIALLY MOVE IN STRAIGHT AWAY. THE TENANCY IS AVAILABLE FROM MAY 1ST, 2016.THERE IS NO REAR ACCESS TO THE PROPERTY WITH JUST THE ENTRY DIRECTLY OFF MITCHELL STREET TO THE TENANCY. TOILETS ARE COMMON AND CAN BE USED BY STAFF.THE TENANCY IS FOR LEASE FOR $49,500 PER ANNUM PLUS GST AND FOR SALE AT $725,000 PLUS GST. MATTHEW KNIGHT 0413 058 020CAMERON ARNOTT 0448 882 399

Property History for 2/52a Mitchell St, Darwin City, NT 0800

A timeline of how this property has performed in the market
Last Sold
$651,750
27 Oct 2017
Listed for Rent
$824/w
15 Oct 2018
  • 27 Oct 2017
    Sold for $651,750
  • 11 Nov 2016
    Listed for Sale FOR SALE $725,000+GST,
  • 15 Aug 2016
    Listed for Sale $725,000 PLUS GST
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About Darwin City 0800

The population of Darwin City in 2011 was 4,545 people. By 2016 the population was 6,479 showing a population growth of 42.6% in the area during that time. The predominant age group in Darwin City is 20-29 years. Households in Darwin City are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Darwin City work in a professional occupation. In 2011, 26.6% of the homes in Darwin City were owner-occupied compared with 22.8% in 2016.

Darwin City has 5,326 properties. Over the last 5 years, Houses in Darwin City have seen a -4.37% decrease in median value, while Units have seen a 27.89% increase. As at 31 October 2024:

  • The median value for Houses in Darwin City is $484,197 while the median value for Units is $410,767.
  • Houses have a median rent of $590 while Units have a median rent of $600.
There are currently 82 properties listed for sale, and 68 properties listed for rent in Darwin city on OnTheHouse. According to CoreLogic's data, 297 properties were sold in the past 12 months in Darwin city.

Suburb Insights for Darwin City 0800

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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.