OFF MARKET

170 Whitewood Road
Howard Springs NT 0835

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 98m2
Land area: 20200m2
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Property Details for 170 Whitewood Rd, Howard Springs

Building Type
Commercial
Floor Size
98m2
Land Size
20200m2
Local Government
Litchfield
Lot/Plan
Loc 055 Lot AN/LTO62/005

Last Listing description (September 2021)

Located within easy striking distance of the Darwin CBD, this exceptional holiday park is being offered for sale as a Freehold Going Concern which is in excellent condition and showing solid trading figures even during COVID 19.

Quite simply, this presents as one of the best investments in the market right now and the opportunity provides potential operators with the scale to capitalise on the surge in domestic and drive tourism in Australia.

The park has been refurbished and upgraded constantly & presents in great condition.

- Delivered $970,000 in revenue for the 2 months July - August 2021
- Zoned as Tourist Commercial
- Total sites: 396
- Joined Big4 in 1998
- Close to Darwin CBD
- Good mix of short and long term guests
- Constant upgrades means park is in an outstanding condition
- Consistent and solid turnover even during COVID
- Additional revenue streams from shop, liquour licence and tours
- Large manager's residence with office and private garden
- Inspections are by appointment only

Property History for 170 Whitewood Rd, Howard Springs, NT 0835

A timeline of how this property has performed in the market
Last Sold
$4,250,000
26 Apr 2022
Listed for Rent
$550/w
25 May 2015
  • 26 Apr 2022
    Sold for $4,250,000
  • 02 Sep 2021
    Listed for Sale $13,000,000
  • 25 May 2015
    Listed for Rent - Price not available

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About Howard Springs 0835

The size of Howard Springs is approximately 78.3 square kilometres. It has 10 parks covering nearly 26.1% of total area. The population of Howard Springs in 2011 was 3,149 people. By 2016 the population was 5,131 showing a population growth of 62.9% in the area during that time. The predominant age group in Howard Springs is 40-49 years. Households in Howard Springs are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Howard Springs work in a trades occupation. In 2011, 76.9% of the homes in Howard Springs were owner-occupied compared with 78.9% in 2016.

Howard Springs has 1,260 properties. Over the last 5 years, Houses in Howard Springs have seen a 28.31% increase in median value, while Units have seen a 17.44% increase. As at 30 September 2024:

  • The median value for Houses in Howard Springs is $707,597 while the median value for Units is $338,538.
  • Houses have a median rent of $620.
There are currently 6 properties listed for sale, and 1 property listed for rent in Howard springs on OnTheHouse. According to CoreLogic's data, 63 properties were sold in the past 12 months in Howard springs.

Suburb Insights for Howard Springs 0835

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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.