85 Bicentennial RoadKatherine South NT 0850
Property Details for 85 Bicentennial Rd, Katherine South
Last Listing description (January 2019)
JLL & Burgess Rawson are delighted to offer for sale Puma Katherine, Stuart Highway, Katherine Northern Territory a brand new purpose built truck stop with a new 15 lease plus options to international giant Puma Energy. Puma Katherine is a state of the art service station completed this year, strategically positioned on The Stuart Highway linking Adelaide and Darwin on massive a 21,400sqm*site.
We highlight the key investment features below:
Brand new 15 year lease to 2033 plus options to 2053
Puma Energy: operating in 48 countries with $12.7 billion annual turnover - now 270 sites across Australia after entering the market in 2013
Massive corner landholding of 2.14 hectare (21,400 sqm) with 246 metre frontage to Stuart Highway
New improvements including full service truckers lounge, large format convenience store, roadhouse style restaurant, dual canopies, truck parking and hardstand Opening mid November
Key location on the major freight route linking Adelaide and Darwin
Tenant pays all usual outgoings & responsible for remediation
Significant tax depreciation benefits brand new improvements
Land Tax not payable in the Northern Territory
Puma Katherine is a blue chip investment opportunity that we strongly endorse for your consideration.
For more details or to arrange an inspection, please contact the selling agents.
Expressions of Interest close 4pm Thursday 15 November 2018.
*Approx
JLL RLA 1842
Property History for 85 Bicentennial Rd, Katherine South, NT 0850
- 28 Apr 2023Sold for $12,000,000
- 19 Jun 2020Sold for $8,800,000
- 02 Oct 2018Listed for Sale Contact Agent
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0About Katherine South 0850
The size of Katherine South is approximately 6.2 square kilometres. It has 9 parks covering nearly 19% of total area. The population of Katherine South in 2011 was 1,405 people. By 2016 the population was 1,494 showing a population growth of 6.3% in the area during that time. The predominant age group in Katherine South is 30-39 years. Households in Katherine South are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Katherine South work in a professional occupation. In 2011, 34.4% of the homes in Katherine South were owner-occupied compared with 38.8% in 2016.
Katherine South has 731 properties. Over the last 5 years, Houses in Katherine South have seen a 17.25% increase in median value, while Units have seen a 12.51% increase. As at 31 October 2024:
- The median value for Houses in Katherine South is $321,883 while the median value for Units is $233,072.
- Houses have a median rent of $443 while Units have a median rent of $325.
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