OFF MARKET

7 Casey Street
East Arm NT 0822

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 106m2
Land area: 7560m2
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Property Details for 7 Casey St, East Arm

Building Type
Commercial
Floor Size
106m2
Land Size
7560m2
Local Government
Darwin Rates Act Area
Lot/Plan
Loc 055 Lot 6195/S2010/183

Last Listing description (May 2019)

NTC Property is delighted to offer 7 Casey Street, East arm via an Expressions of Interest.
7 Casey Street, East Arm sits approximately 8 kilometres east of the Darwin CBD and is conveniently located between 1 - 2 kilometres from Darwin's major rail and port facilities.
All major transport routes are easily accessible given the property is metres from Berrimah Road which intersects the Stuart Highway, Tiger Brennan Drive, Wishart Road and McMillans Road.

The property itself sits on a high exposure corner allotment of 7,560sqm with approximately 2,444sqm of high-quality improvements with dual access points from Casey Street and Mendis Road.
The office is 806sqm and provides first class finishes and consists of a state of the art reception, offices, multiple flexible training rooms, boardroom, commercial kitchen, wet areas and unique cafe area.
The warehouse is 1,638sqm has high clearance, multiple roller doors, separate amenities and mezzanine. Extremely versatile and an in demand size for the Darwin industrial market.
7 Casey Street also provides ample concrete hardstand. The adjoining allotment of 2,800sqm at 37 Mendis Road is also available to purchase and allows for future protection if expansion was required.
The property is currently leased to the Northern Territory Government at $440,000pa expiring 30 June 2019 with 2 x 1 year options available.
The property will ideally suit an investor or owner occupier looking for substantial holding income in the interim.
Should you require further information or wish to arrange an inspection please contact Nigel Sharp at NTC Property on 0422 275 920.

Property History for 7 Casey St, East Arm, NT 0822

A timeline of how this property has performed in the market
Last Sold
$3,575,000
21 Jan 2022
Listed for Rent
05 Sep 2018
  • 21 Jan 2022
    Sold for $3,575,000
  • 05 Apr 2018
    Listed for Rent - Price not available
  • 10 Jan 2018
    Listed for Rent - Price not available
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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 183 properties. Over the last 5 years, Units in East Arm have seen a 29.28% increase in median value. As at 30 September 2024:

  • The median value for Units in East Arm is $507,871.
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.

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.