OFF MARKET

50 Marjorie Street
Pinelands NT 0828

Bedrooms: -
Bathrooms: -
Car spaces: 10
Floor area: 95m2
Land area: 2470m2
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Property Details for 50 Marjorie St, Pinelands

Building Type
Commercial
Year Built
1997
Floor Size
95m2
Land Size
2470m2
Local Government
Palmerston
Lot/Plan
Loc 055 Lot 3855/S 84/283

Last Listing description (November 2023)

Strategically located in the prime industrial area of Pinelands, 50 Marjorie Street presents a versatile free standing asset on perfectly sized freehold site.

The property features a separate office and warehouse positioned on the secure stand-alone 2470m2 allotment. The 60m2 demountable offices positioned at the front of the property feature an accessible ramp leading to a series of separate offices and amenities.

The warehouse is a large clear span area with 3x industrial roller doors, ventilation louvres and additional mezzanine with secure storage cage below - total area approx 500m2.

The secure site features chain mesh fencing, bitumen hardstand and abundant off street parking.

The whole property is currently leased to Scope Building with current term expiring in September 2025.

Property History for 50 Marjorie St, Pinelands, NT 0828

A timeline of how this property has performed in the market
Last Sold
$1,120,000
29 Feb 2016
Listed for Rent
$1.25k/w
17 Jun 2021
  • 24 Feb 2023
    Listed for Sale $1,170,000 Plus GST
  • 17 Jun 2021
    Listed for Rent $65,000 / year
  • 14 May 2020
    Listed for Rent $65,000 / year
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About Pinelands 0828

The population of Pinelands in 2011 was 74 people. By 2016 the population was 15 showing a population decline of 79.7% in the area during that time. The predominant age group in Pinelands is 50-59 years. Households in Pinelands are primarily childless couples and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Pinelands work in a clerical occupation. In 2006, 20% of the homes in Pinelands were owner-occupied compared with 45.4% in 2011..

Pinelands has 17 properties. Over the last 5 years, Houses in Pinelands have seen a -4.07% decrease in median value, while Units have seen a 31.82% increase. As at 31 August 2024:

  • The median value for Houses in Pinelands is $261,411 while the median value for Units is $298,488.
There are currently no properties listed for sale, and no properties listed for rent in Pinelands on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Pinelands.

Suburb Insights for Pinelands 0828

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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.