SOLD
Sold on 07 Mar 2024 for $680,000

8/4 Shepherd Street
Darwin City NT 0800

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 230m2
Land area: 230m2
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Property Details for 8/4 Shepherd St, Darwin City

Building Type
Commercial
Floor Size
230m2
Land Size
230m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 5480/UP 87/058

Last Listing description (April 2022)

First floor strata office within a complex of eight units, located in the Darwin CBD. The property has a floor area of approximately 237m2 and features a large reception area, large boardroom, five partitioned offices, and a kitchen. The property also contains a storage room equipped with server area, separate male and female toilets and two secure undercover carparks. The property has new carpet laid and is freshly painted.

Darwin CBD

Renovated
Floor area 237m2 approximately
Large Reception Area
Large boardroom
Five partitioned offices
Kitchen
Server room
Separate male and female toilets
Two secure undercover carparks

Now is great time to lease commercial property in the Darwin CBD.

For more information or to arrange an inspection contact agent or email: darwin@ljhc.com.au

Property History for 8/4 Shepherd St, Darwin City, NT 0800

A timeline of how this property has performed in the market
Last Sold
$680,000
07 Mar 2024
Listed for Rent
$782/w
23 Nov 2021
  • 07 Mar 2024
    Sold for $680,000
  • 21 Feb 2022
    Listed for Sale Not Disclosed
  • 29 Sep 2021
    Listed for Rent $42,840 / year
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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 5,324 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 83 properties listed for sale, and 66 properties listed for rent in Darwin city on OnTheHouse. According to CoreLogic's data, 299 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.