SOLD
Sold on 19 Aug 2024 for $3,000,000

90 Woods Street
Darwin City NT 0800

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1930m2
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Property Details for 90 Woods St, Darwin City

Building Type
Commercial
Land Size
1930m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 1352/S 80/164

Last Listing description (April 2024)

Fully tenanted investment opportunity with redevelopment potential. Prime CBD site with a substantial land area of 1930m2. Existing income providing improvements comprising four ground level shops and two upper level residential units.

There is four ground level garage style storage areas at the rear. Off street customer parking at the front of the building and additional parking area to the rear.

Contact Tony Pickering 0418 814 708 for further information.

Property Code: 1899

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Property History for 90 Woods St, Darwin City, NT 0800

A timeline of how this property has performed in the market
Last Sold
$3,000,000
19 Aug 2024
Listed for Rent
$5.35k/w
23 Aug 2019
  • 19 Aug 2024
    Sold for $3,000,000
  • 15 May 2023
    Listed for Sale $4,000,000
  • 14 Dec 2016
    Sold

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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 80 properties listed for sale, and 65 properties listed for rent in Darwin city on OnTheHouse. According to CoreLogic's data, 286 properties were sold in the past 12 months in Darwin city.

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