SOLD
Sold on 01 Dec 2023 for $595,000

8/119 Reichardt Road
Winnellie NT 0820

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 335m2
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Property Details for 8/119 Reichardt Rd, Winnellie

Building Type
Commercial
Land Size
335m2
Local Government
Darwin
Lot/Plan
Loc 055 Lot 1349/U2009/058

Last Listing description (November 2023)

Located just off the Stuart Highway in the sought-after suburb of Winnellie, 119 Reichardt Road is located on the corner of Hickman Street and Reichardt Road.

Immaculate tilt panel office/warehouse unit with a generous internal clearance and 305sqm (approx.) internally.

A new modern office fit-out has been completed and approved, with a lunchroom and reception area downstairs, an open plan area and separate meeting room/managers office upstairs.

There is roller door access at the front and rear of the unit with 200sqm (approx.) of warehouse area including a kitchenette, shower and toilet, with an additional mezzanine storage area of 25sqm (approx.)

There are three car spaces assigned to the unit with ample visitors bays, and a 70sqm rear yard area.

For more information please contact Ryan Doyle 0405 192 389 or Lee Doyle 0403 348 243 at North Commercial NT.

Property History for 8/119 Reichardt Rd, Winnellie, NT 0820

A timeline of how this property has performed in the market
Last Sold
$595,000
01 Dec 2023
Listed for Rent
$1.50k/w
12 Nov 2020
  • 01 Dec 2023
    Sold for $595,000
  • 03 Jul 2023
    Listed for Sale $620,000 + GST
  • 18 Aug 2020
    Sold for $418,000
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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 1,353 properties. Over the last 5 years, Units in Winnellie have seen a 100.65% increase in median value. As at 31 July 2024:

  • The median value for Houses in Winnellie is $875,534 while the median value for Units is $218,174.
There are currently 14 properties listed for sale, and 25 properties listed for rent in Winnellie on OnTheHouse. According to CoreLogic's data, 62 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.