OFF MARKET

116 Reichardt Road
Winnellie NT 0820

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1260m2
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Property Details for 116 Reichardt Rd, Winnellie

Building Type
Commercial
Land Size
1260m2
Local Government
Darwin
Lot/Plan
Loc 055 Lot 5098/LTO98/103

Last Listing description (May 2018)

The Property - 116 Reichardt Road is positioned on the high profile corner of Reichardt Road and Hickman Street Winnellie. The 1,260sqm site is surrounded by a numerous modern commercial developments incorporating a mix of blue chip businesses. The property features a 460sqm combined office and storage facility which is currently used as an administration and service centre. The office component is 384sqm and features high grade offices, meeting room, amenities and open plan work area. The versatile configuration would also allow most of the space to be used as showroom. To the rear of the office is a serviceable storage facility with roller door access and higher clearance. The rear of the property provides private and secure parking with loading access for the store. High exposure location, corner profile, easy access and versatile configuration provides a building which lends itself to a variety of commercial applications.Tenancy Profile - 116 Reichardt Road is currently occupied and leased by Comsource International Pty Ltd. Short term holding income is available via the lease which is due to expire in the second half of 2017. Rent and lease details will be provided on request. The property is available for sale or lease. The availability for lease purposes will be negotiated pending the requirements of an incoming tenant.Key Features of the Property: High profile corner allotment Outstanding exposure 460sqm Office / Warehouse Easy access Quality precinct Short term holding income potential 1,260sqm site areaFor Sale by Private Treaty - $1,295,000.00 exclusive of GSTContact Craig Inkster or Dragica Hosking, for further information or to arrange an inspection.

Property History for 116 Reichardt Rd, Winnellie, NT 0820

A timeline of how this property has performed in the market
Last Sold
$1,045,000
29 Jun 2018
Listed for Rent
30 May 2018
  • 29 Jun 2018
    Sold for $1,045,000
  • 30 May 2018
    Listed for Rent - Price not available
  • 16 May 2017
    Listed for Sale Not Disclosed
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About Winnellie 0820

The size of Winnellie is approximately 4.1 square kilometres. It has 1 park covering nearly 5.1% of total area. The population of Winnellie in 2011 was 267 people. By 2016 the population was 210 showing a population decline of 21.3% in the area during that time. The predominant age group in Winnellie is 60-69 years. Households in Winnellie are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Winnellie work in a trades occupation. In 2011, 50.8% of the homes in Winnellie were owner-occupied compared with 35.8% in 2016..

Winnellie has 1,344 properties. Over the last 5 years, Units in Winnellie have seen a 9.66% increase in median value. As at 30 September 2024:

  • The median value for Houses in Winnellie is $845,628 while the median value for Units is $188,703.
There are currently 16 properties listed for sale, and 24 properties listed for rent in Winnellie on OnTheHouse. According to CoreLogic's data, 58 properties were sold in the past 12 months in Winnellie.

Suburb Insights for Winnellie 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.