OFF MARKET

31 Stuart Highway
Stuart NT 0870

Bedrooms: -
Bathrooms: 2
Car spaces: -
Land area: 3990m2
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Property Details for 31 Stuart Hwy, Stuart

Building Type
Commercial
Land Size
3990m2
Local Government
Alice Springs
Lot/Plan
Loc 010 Lot 2699/A 000509

Last Listing description (July 2020)

The opportunity exists to acquire this substantial office building situated on prime highway frontage and close to the Alice Springs CBD.

Comprising single storey office buildings totalling 1,378 square metres, all fully air conditioned and carpeted, together with on site parking for numerous vehicles. Land area is 4,046 square metres zoned 'Commercial' with a 100 metre highway frontage.

The majority of the property is leased to the Commonwealth of Australia, plus two smaller tenancies, with a net rental of $369,115 per annum.

The Stuart Highway is the main arterial road linking Alice Springs to Darwin and the Top End. The property is only 1km from the Alice Springs CBD and enjoys an abundance of passing vehicular traffic.

The property is being sold by Private Treaty at an asking price of $4 million.

Property History for 31 Stuart Hwy, Stuart, NT 0870

A timeline of how this property has performed in the market
  • 30 Oct 2019
    Listed for Sale $4 Million
  • 21 Dec 2018
    Listed for Sale $4 Million
  • 27 Apr 2018
    Listed for Sale $4 Million
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About Stuart 0870

The size of Stuart is approximately 8.2 square kilometres. It has 4 parks covering nearly 71% of total area. The population of Stuart in 2011 was 556 people. By 2016 the population was 456 showing a population decline of 18.0% in the area during that time. The predominant age group in Stuart is 10-19 years. Households in Stuart are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Stuart work in a professional occupation. In 2011, 26.4% of the homes in Stuart were owner-occupied compared with 26.4% in 2016.

Stuart has 134 properties. Over the last 5 years, Houses in Stuart have seen a -21.74% decrease in median value, while Units have seen a 1.67% increase. As at 31 August 2024:

  • The median value for Houses in Stuart is $505,793 while the median value for Units is $316,322.
  • Houses have a median rent of $628 while Units have a median rent of $450.
There are currently 1 property listed for sale, and no properties listed for rent in Stuart on OnTheHouse. According to CoreLogic's data, 5 properties were sold in the past 12 months in Stuart.

Suburb Insights for Stuart 0870

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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.