31 Stuart HighwayStuart NT 0870
Property Details for 31 Stuart Hwy, Stuart
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
- 30 Oct 2019Listed for Sale $4 Million
- 21 Dec 2018Listed for Sale $4 Million
- 27 Apr 2018Listed for Sale $4 Million
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0About 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 130 properties. Over the last 5 years, Houses in Stuart have seen a -11.31% decrease in median value, while Units have seen a -13.80% decrease. As at 31 October 2024:
- The median value for Houses in Stuart is $483,719 while the median value for Units is $261,088.
- Houses have a median rent of $628 while Units have a median rent of $450.
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