3/8B Gardiner Street

Darwin City NT 0800

8 Gardner Street, Darwin City is recognized as "Evolution" it primarily a high-rise residential tower including executive and premium apartments and was built in about 2009.
The ground floor of this building is a sub-body corporate, this includes five commercial tenancies which capitalize on the street exposure to Knuckey Street and McMinn Street.
Units 3 and 4 are positioned at the corner of the building, unit 3 includes 173 square metres under title including three exclusive car parks and unit 4 is 222sqm under title including 4 exclusive use car parks. These units have glazed walls to the external of the building and are fit out to a very high standard of a medical grade, including multiple sinks, infrastructure for medical equipment and medical grade finishes such as vinyl flooring.

These properties are currently leased to Smile Partners (NT) Pty Ltd on a five year lease which runs until 27 November 2024. The current passing income is $117,706.25 plus GST per annum net.

For more information please contact Lee Doyle on 0403 348 243 lee@northcommercial.com.au or Sam Moore on 0484 923 077 sam@northcommercial.com.au.