12/90 Frances Bay DriveStuart Park NT 0820
Property Details for 12/90 Frances Bay Dr, Stuart Park
Last Listing description (November 2024)
Tipperary Waters Marina Estate is a highly sought after location at the eastern most side of Stuart Park. Positioned on the eastern side of Tiger Brennan Drive.
This location is convenient for both in bound and out bound travelers with signalized intersections of Tiger Brennan Drive and Gonzales Road to the north and Frances Bay Drive to the south. Located within the Frances Bay precinct this location is a strong balance of waterfront commercial activities and prestige residential properties.
Unit 12 is a 79sqm commercial office, it is positioned on the ground floor facing Tiger Brennan Drive. This unit is efficiently configured, It is mostly open plan with a meeting room, office and reception, and kitchen area. The complex features excellent customer parking.
Leased to Custom Made Physio, a local physiotherapist on a new 2-year Lease commencing 1 December 2024 until 30 November 2026. The current passing rent is $33,193 + GST, and the net annual income is $24,873.
For more information on this outstanding investment please contact Ryan Doyle 0405 192 389 or Lee Doyle 0403 348 243 at LJ Hooker Commercial North.
Property History for 12/90 Frances Bay Dr, Stuart Park, NT 0820
- 26 Aug 2024Listed for Sale Sold
- 06 Oct 2022Listed for Rent $30,000 / month
- 03 Mar 2016Listed for Rent $40,000 / year
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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 2,639 properties. Over the last 5 years, Houses in Stuart Park have seen a 15.55% increase in median value, while Units have seen a 24.39% increase. As at 31 October 2024:
- The median value for Houses in Stuart Park is $811,797 while the median value for Units is $415,622.
- Houses have a median rent of $650 while Units have a median rent of $590.
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