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Knight Frank (NT) - Darwin

878 Stuart Highway Pinelands, NT 0829

Directions

878 Stuart Highway,
Pinelands, NT 0829

Showrooms & Bulky Goods

Price information

Sale

Contact Agent

Key property information

Land area

Floor area

Car spaces

Property extent

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$147,000
Number of Tenants
2 Tenants
Tenants / Type
Repco and BTC Parts and Accessories

Private inspections

to arrange a private inspection.
0413 *** ***
Knight Frank (NT) - Darwin
878 Stuart Highway
Pinelands, NT 0829
Knight Frank (NT) - Darwin

Knight Frank (NT) - Darwin

Level 2, 46 Smith Street Mall
DARWIN CITY, NT 0800

Map of 878 Stuart Highway

Directions
  • Bus stops within 5 km of 878 Stuart Highway, Pinelands, NT 0829Distance
    Pinelands382 m
    Opp BP Palms716 m
    BP Palms876 m
    Woodlake Boulevard1.8 km
    Woodlake & Kooralbyn1.8 km
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POWERED BY HERE ©

Fully leased investment

The property is situated on the Stuart Highway in Pinelands with prime exposure to Stuart Highway and large volumes of passing traffic. It sits on the corner of the Stuart Highway and McKinnon road with the crossover into the property off McKinnon road.

The block has a total area of 2,650sqm. The block is free of easements. Constructed on the site is effectively two buildings however they are interlinked. The property is fully leased and is occupied by Repco and BTC Parts and Accessories. Both buildings effectively offer a combination of showroom and warehouse space. There are two crossovers off McKinnon Road with one giving access to the customer parking and the other providing access to the rear of both tenancies for deliveries.

The property was constructed in circa 1994. The yard is bitumen sealed.

The current net income is approximately $147,000.

Pinelands is a large industrial hub which was originally established back in the mid 1980's and is now home to a lot of heavy industry in the back blocks and a lot of showrooms and highway commercial uses on the Stuart highway frontage. Unlike Winnellie and Berrimah, Pinelands is developed to both the north and south of the Stuart highway. It services the larger area of Darwin and Palmerston and its suburbs and the rural areas of Darwin. Pinelands is a well-established industrial suburb and contains a variety of industrial and commercial uses. Pinelands is approximately 17kms from Darwin CBD and 5kms from Palmerston. Surrounding uses include car and truck yards, service stations, Palms Caravan Park, hire companies, earthmoving and civil companies and a range of other industrial uses.

The property is being offered for sale by Deadline Private Treaty with offers closing Friday December 18th at 4pm.

The property is listed for sale at $1,630,000.

For further information please contact Knight Frank on 8982 2500 or Matthew Knight on 0413 058 020 or Michelle McRae on 0448 882 399.



Property ID: 503717442Last Updated: 13 Jan 2021

Agency contacts

Knight Frank (NT) - Darwin
Knight Frank (NT) - Darwin
Level 2, 46 Smith Street Mall
DARWIN CITY, NT 0800
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Matthew Knight

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Matthew Knight
Knight Frank (NT) - Darwin
878 Stuart Highway Pinelands, NT 0829

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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