NT Commercial Property News

Northern Territory commercial property news, commercial real estate market data, business news and insights.

Service stations pumped into portfolio auctions
The market for petrol station investments continues to pump along, with another four properties to be auctioned off at commercial agency Burgess Rawson’s next investment portfolio auction. The four service stations – three in Victoria …
Outback roadhouse portfolio chasing $30m
A $30 million portfolio of outback roadhouse, retail and backpacker accommodation is being offered to the market by the Brisbane-based Nullarbor Holdings Group, controlled by the Robson family. 
Snap up this crocodile river tour business
Fancy ditching the concrete jungle for a wild ride you could really sink your teeth into? 
US giant among suitors for Darwin’s SkyCity casino
US hospitality giant Delaware North has been linked to two major gaming properties — Vanuatu’s Grand Hotel & Casino and the SkyCity Darwin casino — as it looks to bolster its regional ­operations.
$1bn beef empire could be sold off
The $1 billion empire of Australia’s largest private beef producer Consolidated Pastoral Company could be broken up by its private equity owner, British group Terra Firma Capital, which has tapped agent Meares & Associates to field interest on individual properties in its portfolio.
Historic hotel a golden opportunity among NT’s old mining settlements
History buffs in the Top End looking to secure a slice of the region’s past should consider investing in the Grove Hill Heritage Hotel.
Uluru our most expensive destination for overseas visitors
Heavy marketing of the Northern Territory’s Field of Light exhibition has helped Yulara, the gateway to Uluru, to become the most expensive destination for international travellers to Australia, charging an average $360 a night for a room last year.
Clouds hover over Darwin office leasing market
The rental market for office space across Darwin remains moribund and it is difficult to see how this will change in the short or medium term.
Gina Rinehart buys NT cattle station from Indonesian owners
Mining and agribusiness magnate Gina Rinehart’s Hancock Prospecting has swooped on the Willeroo Cattle Station, snapping up the pastoral property from its Indonesian owners as it looks to build up its operations.
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