905 Stuart HighwayHoltze NT 0829
Property Details for 905 Stuart Hwy, Holtze
Last Listing description (October 2024)
Knight Frank NT is pleased to bring to the market this retail, fuel and convenience investment.
The United Service Station is a landmark site in a strategic location on the Stuart Highway opposite industrial suburb Pinelands, with over 18,000 vehicles passing daily. The Stuart Highway is the main thoroughfare in and out of Darwin and the subject site is in close proximity to the industrial suburbs along the highway. The site is located 20km from Darwin CBD and 5km from Palmerston CBD at a 4-way controlled intersection.
The property enjoys a secure tenant with United Petroleum, a QuickSTOP and Pie Face on a lease until April 2034. The current income is $385,000 + GST annually.
Adjoining the site is the ever-busy Darwin FreeSpirit resort and the area is zoned TC - Tourist Commercial.
The property also has some additional vacant land with future development options, subject to council approval.
Property History for 905 Stuart Hwy, Holtze, NT 0829
- 01 Aug 2024Listed for Sale $6,400,000
- 06 Nov 2023Listed for Sale $6,400,000
- 21 Oct 2019Sold for $6,000,000
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0About Holtze 0829
The size of Holtze is approximately 41.2 square kilometres. It has 8 parks covering nearly 6.4% of total area. The population of Holtze in 2011 was 1,064 people. By 2016 the population was 1,814 showing a population growth of 70.5% in the area during that time. The predominant age group in Holtze is 20-29 years. Households in Holtze are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Holtze work in a community and personal service occupation. In 2011, 66.3% of the homes in Holtze were owner-occupied compared with 64.1% in 2016..
Holtze has 159 properties. Over the last 5 years, Houses in Holtze have seen a 51.31% increase in median value. As at 31 October 2024:
- The median value for Houses in Holtze is $733,188 while the median value for Units is $245,046.
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