OFF MARKET

1/1 Lind Road
Johnston NT 0832

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 4670m2
Land area: 4670m2
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Property Details for 1/1 Lind Rd, Johnston

Building Type
Commercial
Floor Size
4670m2
Land Size
4670m2
Local Government
Palmerston

Last Listing description (February 2016)

For sale as a Crown Lease convertible to free hold once developed, this rare development block is now for sale.
Zoned C - Commercial, This lot is being re-released with additional service capacity facilitating a highest and best use development, and is ideal for either a commercial development or a mix of commercial & residential. There is great residential density in the immediate area to support the development. This site sits on the corner of Farrar blvde which is the main road for the suburb, and has a large park with play equipment situated across the road. The Crown Lease only requires a minimum of 800m2 of floor area. Commercial blocks in suburban areas are hard to come by so make sure you get involved.
Some general lease conditions include (but are not limited to)

* A Minimum of 800m floor area to be constructed
* Build permit to be issued within 12 months
* Construction to have begun within 24 months
* Construction to be completed within 35 months

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Property History for 1/1 Lind Rd, Johnston, NT 0832

A timeline of how this property has performed in the market
  • 24 Sep 2015
    Listed for Sale Auction - 21/10/2015 @ 6.00pm
  • 22 May 2015
    Listed for Sale Not Disclosed
  • 29 Apr 2014
    Listed for Sale 549000

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About Johnston 0832

The size of Johnston is approximately 2.6 square kilometres. It has 5 parks covering nearly 2% of total area. The population of Johnston in 2011 was 4 people. By 2016 the population was 2,047 showing a population growth of 51075.0% in the area during that time. The predominant age group in Johnston is 20-29 years. Households in Johnston are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Johnston work in a trades occupation. In 2011, 50% of the homes in Johnston were owner-occupied compared with 38.1% in 2016.

Johnston has 1,001 properties. Over the last 5 years, Houses in Johnston have seen a 28.14% increase in median value, while Units have seen a 21.09% increase. As at 30 September 2024:

  • The median value for Houses in Johnston is $625,127 while the median value for Units is $328,682.
  • Houses have a median rent of $675 while Units have a median rent of $505.
There are currently 14 properties listed for sale, and 4 properties listed for rent in Johnston on OnTheHouse. According to CoreLogic's data, 70 properties were sold in the past 12 months in Johnston.

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