SOLD
Sold on 24 Jun 2024 for $1,850,000

115 Mckinnon Road
Pinelands NT 0829

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 6620m2
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Property Details for 115 Mckinnon Rd, Pinelands

Building Type
Commercial
Land Size
6620m2
Local Government
Palmerston
Lot/Plan
Loc 055 Lot 1707/S 74/179A

Last Listing description (March 2022)

Prime, level corner allotment of 6,620sqm with almost 150 metre of exposure to McKinnon Road. Dual access allows for easy movement of heavy vehicles.

The property has bitumen hardstand throughout with a 375sqm warehouse which has recently been re-cladded and a new roof installed along with a small ablutions area. Other improvements include an uncovered wash-bay area and secure perimeter fencing.

Pinelands is one of the Northern Territory's elite industrial areas zoned General Industry (GI). Situated within 3.5 kilometres of Palmerston, less than 10 kilometres from East Arm and less than 20 kilometres form the Darwin CBD. Pinelands is serviced by Darwin's two main arterial roads, being the Stuart Highway and Tiger Brennan Drive.

Key Features:
Corner allotment
Dual access
6,620sqm Site area
375sqm Warehouse
Wash bay
Bitumen sealed yard
Secure perimeter fence
Short term leases considered

Rent - $100,000.00 + GST / annum plus outgoings
Sale Price: $1.95 M

Contact Craig Inkster today, for further information or to book and inspection.

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Property History for 115 Mckinnon Rd, Pinelands, NT 0829

A timeline of how this property has performed in the market
Last Sold
$1,850,000
24 Jun 2024
Listed for Rent
$1.82k/w
06 Jun 2017
  • 24 Jun 2024
    Sold for $1,850,000
  • 28 Sep 2021
    Listed for Sale Contact Agent
  • 11 Apr 2017
    Listed for Rent - Price not available
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About Pinelands 0829

The size of Pinelands is approximately 3.7 square kilometres. It has 1 park covering nearly 0.1% of total area. 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 179 properties. Over the last 5 years, Houses in Pinelands have seen a 16.26% increase in median value. As at 30 September 2024:

  • The median value for Houses in Pinelands is $519,037 while the median value for Units is $198,861.
There are currently 4 properties listed for sale, and 6 properties listed for rent in Pinelands on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in Pinelands.

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