OFF MARKET

24 Mendis Road
East Arm NT 0822

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 5010m2
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Property Details for 24 Mendis Rd, East Arm

Building Type
Commercial
Land Size
5010m2
Local Government
Darwin Rates Act Area
Lot/Plan
Loc 055 Lot 5353/S99/268

Last Listing description (August 2019)

The East Arm Logistics precinct is located mid-way between Darwin and Palmerston, approximately 15 kilometres south east of Darwin, adjacent to the rail head and port facility.
* Industrial Land (with Lease in place)
* Section 5353 Hundred of Bagot from plan(s) S99/268

* Area under title is 5,010 square metres
* Zoning DV (Development)
* Paved driveways and parking area, landscaped
* Security fenced around the perimeter
* All buildings, swimming pool etc are the property of the Lessee EGRT Australia.
Leased to EGRT Australia Property Pty Ltd
* Safety and Emergency response training centre
* 5 year lease expires November 2020
* Further option 2 x 5 year term
* Current rent $73,033 plus GST per annum
* Plus 100% property outgoings

View by Appointment 7 Days!
For Sale: $1,200,000.00 excluding GST
For more information, or to arrange an inspection, call Nick Syrimi today at Ray White Commercial (NT)
Visit our website rwcnt.com.au to view all our property listings!

Property History for 24 Mendis Rd, East Arm, NT 0822

A timeline of how this property has performed in the market
Last Sold
$1,000,000
26 Sep 2019
  • 26 Sep 2019
    Sold for $1,000,000
  • 18 Apr 2019
    Listed for Sale $1,200,000.00 excluding GST
  • 22 Dec 2015
    Sold for $1,020,000
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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 184 properties. Over the last 5 years, Units in East Arm have seen a 29.28% increase in median value. As at 31 October 2024:

  • The median value for Units in East Arm is $466,118.
There are currently 2 properties listed for sale, and no properties listed for rent in East arm on OnTheHouse. According to CoreLogic's data, 12 properties were sold in the past 12 months in East arm.

Suburb Insights for East Arm 0822

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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.