OFF MARKET

3 Carey Street
Darwin City NT 0800

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1492m2
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Property Details for 3 Carey St, Darwin City

Building Type
Land
Land Size
1492m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 1634/OP 001176

Last Listing description (October 2024)

Knight Frank is pleased to be appointed by Newpoint Advisory as Receiver and Manager, to sell the property situated at 3 Carey Street, Darwin NT 0800.
The property is offered for sale by deadline Private Treaty, closing 29th May 2024 at 4pm (ACST).

3 Carey Street comprises a vacant block of land with an area of 1,492 sqm on the fringe of Darwin CBD and located only 600m to Darwin GPO and 750m to the Smith Street Mall.

The property is zoned Central Business (CB) with a development potential for up to 90m height. The site is surrounded by some residential apartment and commercial buildings and it is approx. 500m to one of Darwin's main thoroughfares Tiger Brennan Drive. It is situated just one street back from the edge of the water of Frances Bay, which services Sea Swift shipping, Fisherman's wharf, several fishing and boating stores, the mooring basin known as the Duck pond and a National Storage facility.

The property is ready to be developed and its strategic position makes it a valuable block of land. With the benefit of having a CBD zoning its highest and best use would be as a residential development site to make the most of the views it would capture upon development.

There are some attractive gardens planted along the frontage of the block with a double access gate to the left of the property on the driveway, and a second double access gate that is currently blocked by
foliage. There are gardens where there is no hardstand, with the north and south boundaries bordered by neighbouring buildings, and the rear (western boundary) of the property butting on the the old Shell depot.

Contact the agents for further information today.

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Property History for 3 Carey St, Darwin City, NT 0800

A timeline of how this property has performed in the market
Last Sold
$1,410,000
06 Sep 2021
  • 15 Oct 2024
    Listed for Sale For sale
  • 22 Apr 2024
    Listed for Sale For sale by Deadline Private Treaty
  • 06 Sep 2021
    Sold for $1,410,000
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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 5,328 properties. Over the last 5 years, Houses in Darwin City have seen a 12.95% increase in median value, while Units have seen a 22.09% increase. As at 30 September 2024:

  • The median value for Houses in Darwin City is $543,443 while the median value for Units is $419,217.
  • Houses have a median rent of $600 while Units have a median rent of $600.
There are currently 79 properties listed for sale, and 65 properties listed for rent in Darwin city on OnTheHouse. According to CoreLogic's data, 291 properties were sold in the past 12 months in Darwin city.

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