OFF MARKET

46 Woods Street
Darwin City NT 0800

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 904m2
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Property Details for 46 Woods St, Darwin City

Building Type
Land
Land Size
904m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 1417/DIA000344

Last Listing description (December 2023)

Colliers is proud to exclusively present for sale - 1 Gardiner Street & 46 Wood Street, Darwin City ( The Properties ).

Combined the properties comprise a prime corner parcel offering 1613m2 of land located in the heart of Darwin CBD. Both properties have substantial improvements which provide excellent scope for a strong holding income.

46 Woods Street comprises 904m2 of land with a ground level office building and on grade parking. The property is currently leased to the NT Aids and Hepatitis Council.

1 Gardiner Street Comprises 709m2 of land with two storey office building. While the building is currently vacant it has a very serviceable fit out. Previously occupied by Rusca Bros and HR Links.

The zoning of the land is Central Business ( CB ) which affords a 90m development limit providing excellent scope for redevelopment - particularly relevant given the proximity to the new CDU campus just 100m2 from the front of 46 Woods Street.

Key Investment Highlights:

* Prime Darwin CBD location
* Strong holding income
* Zoning CB Central Business
* 1,613m2 Corner allotment
* 1,100m2 improvements
* Immediate proximity to the New CDU City
* 46 Wood Street is leased to quality tenant
* Potential to re-develop
* Height limit of 90m*
* Significant catchment of 93,000 residents

For more information contact Colliers exclusive sales agent Mark Jagla.

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Property History for 46 Woods St, Darwin City, NT 0800

A timeline of how this property has performed in the market
Last Sold
$3,400,000
30 Jul 2018
  • 22 Aug 2023
    Listed for Sale For sale
  • 12 Sep 2022
    Listed for Sale Contact Agent
  • 30 Jul 2018
    Sold for $3,400,000
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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 5,329 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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