Capricornia Centre, 91 Todd Street,
Alice Springs, NT 0870
Shops & Retail
Key property information
Land area
Floor area
Zoning
Sold on
Map of Capricornia Centre, 91 Todd Street
'Capricornia Centre'
- Zoned Central Business (CB)
- Highly visible location
- Complex enjoys high occupancy
The iconic ‘Capricornia Centre’ is a single storey, high-profile complex of 9 retail/service shops with 7 independent tenancies spanning the corner of Gregory Terrace and Todd Street in the CBD of Alice Springs.
The property is zoned Central Business (CB) which actively promotes a mixed- use environment that targets commercial, cultural, administrative, retail and other business activities. The highly visible location is adjacent to the Alice Springs Town Council on the southern side of the busy intersection and the entrance into Todd Mall on the northern side.
Built in the early 1970s of painted besser block walls and aluminium windows and door frames. Each of the exterior windows and doors has been fitted with electronic security roller doors.
There is a total land area of 560sqm or thereabouts and a nett lettable area of 497sqm. Each tenancy has its own rear access to amenities including bathroom facilities, split system air conditioning and electric hot water.
The complex enjoys high occupancy with just one tenancy currently vacant. The fully occupied gross rent is estimated to be $165,532 ex GST and the non-recoverable outgoings are approximately $7,750.
An astute purchase for the returns driven investor. A detailed Information Memorandum is available by contacting the selling agent.
The property is zoned Central Business (CB) which actively promotes a mixed- use environment that targets commercial, cultural, administrative, retail and other business activities. The highly visible location is adjacent to the Alice Springs Town Council on the southern side of the busy intersection and the entrance into Todd Mall on the northern side.
Built in the early 1970s of painted besser block walls and aluminium windows and door frames. Each of the exterior windows and doors has been fitted with electronic security roller doors.
There is a total land area of 560sqm or thereabouts and a nett lettable area of 497sqm. Each tenancy has its own rear access to amenities including bathroom facilities, split system air conditioning and electric hot water.
The complex enjoys high occupancy with just one tenancy currently vacant. The fully occupied gross rent is estimated to be $165,532 ex GST and the non-recoverable outgoings are approximately $7,750.
An astute purchase for the returns driven investor. A detailed Information Memorandum is available by contacting the selling agent.
Alice Springs, 0870 demographic data
The median household income for Alice Springs is $1,463, 14% lower than Regional Northern Territory's household income of $1,706. Alice Springs has an older age profile compared to the rest of Regional Northern Territory (median age 37 vs 31). Property ownership data shows 42% of property owners in Alice Springs have a mortgage.
231
Population
$1,463 per week
Median household income
37 years
Median age
Renters
Most residents
Singles
Most households
LJ Hooker - Alice Springs
2/52 HARTLEY STALICE SPRINGS, NT 0870
04188970...
Capricornia Centre, 91 Todd Street
Alice Springs, NT 0870
LJ Hooker - Alice Springs2/52 HARTLEY ST
ALICE SPRINGS, NT 0870
ALICE SPRINGS, NT 0870
More properties from LJ Hooker - Alice Springs
Other properties you might be interested in based on the location and property type you are looking at.
$6,000,000
11 Leichhardt Terrace,Alice Springs, NT 0870 0.41 ha (1.01 acres)Hotel, Motel & Leisure • Shops & Retail
$3,800,000
55 Stuart Highway,Stuart, NT 0870 2144 m²Offices • Shops & Retail • Warehouse, Factory & Industrial
$1,070,000
2/11 Whittaker Street,Ciccone, NT 0870 455 m²Warehouse, Factory & Industrial • Showrooms & Large Format Retail • Shops & Retail