Located on the limited stretch of the Stuart Highway passing through the Alice Springs township and offering commercial frontage, this extremely rare and outstanding property poses an attractive opportunity for the astute investor who is also looking to further develop.

Most locals will know it as the Water Resources Building and true locals will recall it as Stuart Highway Furniture. Having undergone a substantial refurbishment internally and externally, this Alice stalwart has been elevated to modern standards.

A high-profile business lease encompasses the whole site on a 5-year term expiring 01 April 2026, with a further 5-year option, providing an attractive investment return on the property.

The substantially sized two-storey office building has been sectioned into the following major areas, each with their own internal dividing walls to create offices, workshops, lunchrooms, board room and other necessary spaces to suit an array of uses:
- Ground floor 673m2
- First floor 336m2
- Single storey office administration 477m2
- Warehouse 486m2
- Attached canopy 72m2
- Separate administration 100m2
Total 2144m2

The total land area is 6,060 square metres with approximately 2,000 square metres that had a proposal to subdivide.

Council Rates: $26,500.03 p.a.

Opportunities to hold properties of this nature are rare and can be extremely rewarding. Contact Sam Linn for further information.