SOLD
Sold on 28 Mar 2024 for $3,200,000

24 Sadgroves Crescent
Winnellie NT 0820

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 6110m2
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Property Details for 24 Sadgroves Cres, Winnellie

Building Type
Commercial
Land Size
6110m2
Local Government
Darwin
Lot/Plan
Loc 055 Lot 1346/B 000254

Last Listing description (December 2018)

The Property 24 Sadgroves Crescent Winnellie comprises an extensive GI Zoned allotment of 6110 sqm positioned in a prime well established area of Winnellie. The property includes an impressive corporate office headquarters that has been extensively renovated and upgraded. The office facility includes reception, offices, meeting rooms, boardrooms, open plan work areas and amenities all of which has been fitted out to the highest of standards. There are two main office areas that at connected by protected breezeways. At the rear of the office there is a substantial 1500m2 warehouse / workshop that is currently used for storage of construction equipment. There is abundant on site parking and a serviceable hardstand most of which has been bitumen sealed. The location is highly sought after and the property is surrounded by a quality mix of well established businesses.
The Investment 24 Sadgroves Crescent is offered for sale with a 5 year lease back from Laing O Rourke Construction. Laing O Rourke is a global construction company that is well established in Darwin and has recently secured significant work with Department of Defence. Lease terms are outlined in further detail in the information memorandum.

KEY PROPERTY HIGHLIGHTS:

Secure long term lease
Global tenant
Prime Winnnellie Location
750m2 corporate office headquarters
1500m2 Warehouse
6110 m2 allotment
GI Zoning
Versatile configuration

For further information please contact Craig Inkster or Ryley Nixon.

Property History for 24 Sadgroves Cres, Winnellie, NT 0820

A timeline of how this property has performed in the market
Last Sold
$3,200,000
28 Mar 2024
  • 28 Mar 2024
    Sold for $3,200,000
  • 14 Dec 2018
    Sold for $3,305,000
  • 07 Mar 2018
    Listed for Sale By Negotiation
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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 1,343 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 15 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.