OFF MARKET

68 Mcminn Street
Darwin City NT 0800

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 3000m2
Land area: 2360m2
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Property Details for 68 Mcminn St, Darwin City

Building Type
Commercial
Floor Size
3000m2
Land Size
2360m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 5497/LTO84/113

Last Listing description (November 2012)

STRATEGIC CBD HOLDING
- Outstanding development potential
- Approximately 3,000sqm NLA warehouse

- 2,360sqm corner site
- Strategic CBD fringe location
- Zoning: Central Business (CB)
- Significant holding income to NTG tenant
- High end development potential up to 18 storeys (subject to DCA approval)
For Auction: Wednesday, 7 November 2012 at 12.00 noon, at the Novotel Atrium
For further information contact Patrick Bellot (0416 945 827) or Nigel Sharp (0422 275 920)

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Property History for 68 Mcminn St, Darwin City, NT 0800

A timeline of how this property has performed in the market
Last Sold
$3,000,000
10 Dec 2012
  • 10 Dec 2012
    Sold for $3,000,000
  • 04 Oct 2012
    Listed for Sale AUCTION
  • 13 Nov 2001
    Sold for $1,675,000
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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 5,326 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.

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