110/5 Mccourt RoadYarrawonga NT 0830
Property Details for 110/5 Mccourt Rd, Yarrawonga
Last Listing description (January 2023)
McCourt Road is located just off the Stuart Highway in the quality industrial area of Yarrawonga. The area is situated in The Town of Palmerston. The property is positioned approximately 17 radial kilometres from Darwin's CBD, only 10 kilometres from the Port of Darwin and just 2 kilometres from Palmerston's CBD.
5 McCourt Road is a modern commercial development in the highly sought after service commercial precinct of Yarrawonga, the parent parcel for this development was 10,100sqm and it was developed into 54 individual titled, strata-titled units. Built in 2014, this complex is modern in appearance and includes a combination of masonry construction as well as metal clad walls and roof. This complex includes approximately 24 single story warehouse style units at the rear of the property and two double story buildings at the front of the property including approximately another 30 commercial units.
Units 110 and 111 are on the first floor, unit 110 includes 75 square metres of Nett Lettable area plus two exclusive use car parks on the title and unit 11 includes 60 square metres of Nett Lettable Area plus two exclusive use car parks. These units have a top grade medical fit out.
These properties are currently leased to Smile Partners (NT) Pty Ltd on a five year lease which runs until 27 November 2024. The current passing income is $37,454.40 plus GST per annum net.
For more information contact Lee Doyle 0403 348 243 lee@northcommercial.com.au Sam Moore 0484 923 077 sam@northcommercial.com.au.
Property History for 110/5 Mccourt Rd, Yarrawonga, NT 0830
- 07 Sep 2022Sold for $535,063
- 01 Aug 2022Listed for Sale SOLD - Price Withheld
- 13 Feb 2015Sold for $419,760
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0About Yarrawonga 0830
The size of Yarrawonga is approximately 1.5 square kilometres. It has 1 park covering nearly 2.1% of total area. The population of Yarrawonga in 2011 was 69 people. By 2016 the population was 26 showing a population decline of 62.3% in the area during that time. The predominant age group in Yarrawonga is 70-79 years. Households in Yarrawonga are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Yarrawonga work in a trades occupation. In 2006, 20% of the homes in Yarrawonga were owner-occupied compared with 36.4% in 2011..
Yarrawonga has 424 properties. As at 31 October 2024:
- The median value for Houses in Yarrawonga is $414,650 while the median value for Units is $275,957.
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