SOLD
Sold on 06 Jun 2024 for $2,794,000

2 Cochrane Road
East Arm NT 0822

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 6700m2
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Property Details for 2 Cochrane Rd, East Arm

Building Type
Commercial
Land Size
6700m2
Local Government
Darwin Rates Act Area
Lot/Plan
Loc 055 Lot 4740/S96/180

Last Listing description (November 2023)

2 Cochrane Road is located in the heart of Darwin's industrial area central to Darwin CBD & Palmerston CBD.

The property is positioned on a dynamic 6,700m2 corner site. Improvements include 1,106m2 high clearance workshop, 108m2 enclosed workshop & 72m2 of office.

The position of the building on the allotment enables heavy vehicle movement & circulation.

The property also features 241m2 of canopy awning. The site is strategically located on a corner site with excellent exposure to Berrimah Road & Cochrane Road. The property is also positioned with outstanding connectivity to both port & rail facilities.

Key Investment Highlights:

* 6,700m2 allotment
* 1,160m2 high clearance workshop
* Ability to accommodate gantry crane
* 108m2 additional workshop & 72m2 office
* 241m2 of canopy awning to workshop
* Strategic location with proximity to port & rail
* Abundant hardstand/lay down area /truck circulation
* Secure corner site
* Excellent exposure to Berrimah Road & Cochrane Road

Available for for sale or lease.

For more information contact Mark Jagla on 0412 277 475

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Property History for 2 Cochrane Rd, East Arm, NT 0822

A timeline of how this property has performed in the market
Last Sold
$2,794,000
06 Jun 2024
  • 06 Jun 2024
    Sold for $2,794,000
  • 01 Nov 2023
    Listed for Sale Contact Agent
  • 19 Jul 2010
    Sold for $2,420,000

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About East Arm 0822

The size of East Arm is approximately 11.8 square kilometres. The population of East Arm in 2011 was 7 people. By 2016 the population was 6 showing a population decline of 14.3% in the area during that time. The predominant age group in East Arm is 20-29 years. Households in East Arm are primarily childless couples and are likely to be repaying over $2000 per month on mortgage repayments. In general, people in East Arm work in a managers occupation..

East Arm has 186 properties. Over the last 5 years, Units in East Arm have seen a 26.49% increase in median value. As at 30 November 2024:

  • The median value for Units in East Arm is $463,423.
There are currently 1 property listed for sale, and no properties listed for rent in East arm on OnTheHouse. According to CoreLogic's data, 11 properties were sold in the past 12 months in East arm.

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