OFF MARKET

1 Stuart Highway
Stuart Park NT 0820

Bedrooms: -
Bathrooms: 1
Car spaces: 2
Land area: 10400m2
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Property Details for 1 Stuart Hwy, Stuart Park

Building Type
Commercial
Land Size
10400m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 6823/LTO97/113

Last Listing description (July 2013)

Pizza Franchise
Eagle Boys Pizza Palmerston NT, Genuine bargain. Showing sales of approx $630k last financial year.
With a network of more than 335 stores generating a turnover of more than $200 million, this Pizza Franchise is a sound investment for anyone looking to manage their own business. Eagle Boys take new franchisees through a five week comprehensive training program, which includes information on how to operate, administer and market their Eagle Boys store.

Key features:
• Showing sales of approx $630k last financial year.
• Run partly under management, current owner works minimal hours in store.
• Owner operators can net $140k based on previous years sales, potential for greater returns with continued growth.
• Potential to increase sales due to: Rapidly increasing population in Palmerston 2,500 permanent rotations of US Marines to the nearby Army Base Completion of the 3,500 bed Inpex workers village in 2013
• Sales for 12/13 financial year already showing a 12% increase
• Selling well under cost. Great entry point into a popular brand
• Motivated vendor wishing to move interstate.
Additional Details
Years Established: 7
Gross Turnover: 700000
Stock Included: No
Approximate Stock Value: 3000
Property Title Included: No
Business Relocatable: No
Business Operated from Home: No
ACTUAL LOCATION:
Temple Terrace
Palmerston NT

Property History for 1 Stuart Hwy, Stuart Park, NT 0820

A timeline of how this property has performed in the market
Last Sold
$5,880,000
03 Aug 2004
  • 16 Nov 2012
    Listed for Sale 149000
  • 03 Aug 2004
    Sold for $5,880,000
  • 08 May 2004
    Listed for Sale Not Disclosed

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About Stuart Park 0820

The size of Stuart Park is approximately 2.3 square kilometres. It has 9 parks covering nearly 3.8% of total area. The population of Stuart Park in 2011 was 3,748 people. By 2016 the population was 4,159 showing a population growth of 11.0% in the area during that time. The predominant age group in Stuart Park is 20-29 years. Households in Stuart Park are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Stuart Park work in a professional occupation. In 2011, 40.7% of the homes in Stuart Park were owner-occupied compared with 37.2% in 2016.

Stuart Park has 2,652 properties. Over the last 5 years, Houses in Stuart Park have seen a 20.67% increase in median value, while Units have seen a 14.21% increase. As at 30 September 2024:

  • The median value for Houses in Stuart Park is $836,385 while the median value for Units is $422,294.
  • Houses have a median rent of $650 while Units have a median rent of $580.
There are currently 36 properties listed for sale, and 19 properties listed for rent in Stuart park on OnTheHouse. According to CoreLogic's data, 148 properties were sold in the past 12 months in Stuart park.

Suburb Insights for Stuart Park 0820

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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.