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

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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 1,357 properties. Over the last 5 years, Houses in East Side have seen a 1.46% increase in median value, while Units have seen a 0.50% increase. As at 31 October 2024:

  • The median value for Houses in East Side is $482,556 while the median value for Units is $278,498.
  • Houses have a median rent of $550 while Units have a median rent of $385.
There are currently 22 properties listed for sale, and 3 properties listed for rent in East side on OnTheHouse. According to CoreLogic's data, 49 properties were sold in the past 12 months in East side.

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