OFF MARKET

6 Khalick Street
East Side NT 0870

Bedrooms: -
Bathrooms: -
Car spaces: 10
Land area: 1550m2
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Property Details for 6 Khalick St, East Side

Building Type
Commercial
Land Size
1550m2
Local Government
Alice Springs
Lot/Plan
Loc 010 Lot 7539/LTO86/006

Last Listing description (May 2024)

Currently operating as a very successful Backpacker's Hostel tucked away in the heart of Alice Springs in easy walking distance to the CBD.

This unique property occupies a fabulous location with amazing views!

The property is being offered to the Sale Market as a Going Concern or Vacant Possession for Development of the 1550 square metre block with MR (Medium Density Residential) Zoning.

The current Owner / Operator is ready to move on to a new venture interstate.

Council Rates: $4,801.71 p/a
Zoning: MR (Medium-Density Residential)
Land Area: 1550 sqm

Please contact Ianne Haynes for Information Memorandum.

Email: ianne.haynes@nh.com.au

Phone: 0407 864 656

Property History for 6 Khalick St, East Side, NT 0870

A timeline of how this property has performed in the market
Last Sold
$900,000
31 Jul 2020
  • 29 Nov 2023
    Listed for Sale $1,500,000
  • 10 May 2023
    Listed for Sale $1,500,000
  • 31 Jul 2020
    Sold for $900,000
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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 3 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.

Suburb Insights for East Side 0870

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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.