OFF MARKET

1 Undoolya Road
East Side NT 0870

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 533m2
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Last updated 17 Jun 2024
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Property Details for 1 Undoolya Rd, East Side

Building Type
Commercial
Land Size
533m2
Local Government
Alice Springs
Lot/Plan
Loc 010 Lot 8155/DIA000270

Last Listing description (June 2024)

The opportunity exists to acquire an exceptionally well located commercial property situated only 400 metres from Alice Springs Central Business District. Currently utilized as a child care centre, and leased until March 2023 with a 5 year option at a net rental of $86,189.45 (plus GST) the property offers excellent investment potential

Council rates: $5,340.30 p.a.

- Well located commercial property
- Situated a few minutes from the Alice Springs CBD
- Utilized as a child care centre
- Leased until March of 2023
- Net rental of $86,189.45 (plus GST)

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Property History for 1 Undoolya Rd, East Side, NT 0870

A timeline of how this property has performed in the market
Last Sold
$990,000
08 Apr 2020
Listed for Rent
$350/w
04 Dec 2017
  • 08 Apr 2020
    Sold for $990,000
  • 08 Jan 2020
    Listed for Sale $990,000
  • 13 Nov 2017
    Listed for Rent - Price not available
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About East Side 0870

The size of East Side is approximately 4 square kilometres. It has 11 parks covering nearly 10% of total area. The population of East Side in 2011 was 2,980 people. By 2016 the population was 2,916 showing a population decline of 2.1% in the area during that time. The predominant age group in East Side is 30-39 years. Households in East Side are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in East Side work in a professional occupation. In 2011, 55.1% of the homes in East Side were owner-occupied compared with 54% in 2016.

East Side has 1,355 properties. Over the last 5 years, Houses in East Side have seen a 0.29% increase in median value, while Units have seen a -4.31% decrease. As at 30 September 2024:

  • The median value for Houses in East Side is $488,728 while the median value for Units is $264,533.
  • Houses have a median rent of $555 while Units have a median rent of $385.
There are currently 19 properties listed for sale, and 2 properties listed for rent in East side on OnTheHouse. According to CoreLogic's data, 44 properties were sold in the past 12 months in East side.

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