Not very often do properties with these characteristics become available to the market on this stretch of the Stuart Highway.
Unfortunately the current tenant has outgrown the property, highlighting that business is strong in the NT. The current tenant has two years remaining on the lease and is looking to sub-lease or to assign the property.
137-139 Stuart Highway will suit a range of businesses, including but not limited to car/boat yard; hire car yard; workshop (subject to Landlord approval); hire equipment and so on.
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:
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