SOLD
RECENT ADVICE
Sold on 28 Jun 2024 - Price Unavailable

26/90 Frances Bay Drive
Stuart Park NT 0820

Bedrooms: -
Bathrooms: -
Car spaces: -
Sold By
Lj Hooker Commercial No Nt
Show contact details
Save

Property Details for 26/90 Frances Bay Dr, Stuart Park

Building Type
Commercial
Local Government
Darwin
Lot/Plan
Loc 200 Lot 6866

Last Listing description (September 2024)

Unit 26 is a 278 square metre commercial office, it is positioned on the first floor and is on the marina side of the building, it includes a balcony that looks over the marina. This unit is efficiently configured, it includes a large boardroom, managers office and a kitchen, with the majority of the tenancy open plan.
North Management have occupied this tenancy for more than 10 years, North Management is a body corporate management company which is owned by national property services company PICA Group.

The current lease commenced 1 January 2023, it is a three year lease and runs till 31 December 2025. The current passing rent is $85,069.91, and the net annual income is $64,118.55.
France Bay Village, 90 Frances Bay Drive is a two-story commercial complex on approximately 6,690 square metres of Specific Use Darwin 10 zoned land. The complex optimizes the frontage to Frances Bay Drive with the building positioned along the building including 20 60-degree car parks directly accessed from France Bay Drive. This complex offers 67 off street car parks so there are always car parks available.
Tipperary Waters is a tidal locked marina estate, offering marina berths, low and medium residential, and commercial office and retail properties. Frances Bay Village is positioned on the western side of Tipperary Waters Marina Estate, it enjoys the frontage to France Bay Drive which acts as a service road to Tiger Brennan Drive and links through to the water body of the marina.
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 Gonzalaes 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.
1.3 radial kilometres north east of the Darwin CBD.
Adjacent to the east of Tiger Brennan Drive.
For more information on this outstanding investment please contact Lee Doyle 0403 348 243 ldoyle@ljhnc.com.au or Ryan Doyle 0405 192 389 rdoyle@ljhnc.com.au.

Property History for 26/90 Frances Bay Dr, Stuart Park, NT 0820

A timeline of how this property has performed in the market
Last Sold
28 Jun 2024
  • 28 Jun 2024
    Sold
  • 15 Apr 2024
    Listed for Sale Sold

Commute Calculator

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 2,642 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.
There are currently 36 properties listed for sale, and 16 properties listed for rent in Stuart park on OnTheHouse. According to CoreLogic's data, 149 properties were sold in the past 12 months in Stuart park.

Suburb Insights for Stuart Park 0820

Market Insights
Stuart Park Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Stuart Park Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Contact agent
Lj Hooker Commercial No Nt
Show contact details
LJ Hooker Commercial Darwin
Preferred contact:
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.