4 Albatross Street,
Winnellie, NT 0820
Offices
Key property information
Floor area
Car spaces
Parking info
Zoning
Tenure type
Sold on
NTC Property - DARWIN CITY
43 Mitchell StreetDARWIN CITY, NT 0800
04222759...
4 Albatross Street
Winnellie, NT 0820
Map of 4 Albatross Street
SOLD | SOLD | SOLD
- SUBSTANTIAL HOLDING INCOME
- ABILITY TO OCCUPY
- RECENT REFURBISHMENT
UNDER CONTRACT.....
NTC Property are pleased to announce the recent sale of 4 Albatross Street, Winnellie.
4 Albatross Street, Winnellie is a commanding 3,600 sqm corner allotment with a ground level brick masonry constructed office building providing approximately 900 sqm of office space over multiple tenancies. The property was purpose built for ANZ in 1983 with the bank occupying of a portion of the premises until 2019.
Winnellie is only 6 kilometres from Darwin's CBD and has great accessibility given it is positioned between Darwin's two main arterial roads being the Stuart Highway and Tiger Brennan Drive.
The property is currently divided into 3 tenancies with Tenancy 1 having a long-term lease in place to West Daly Regional Council (WDRC) however tenancies 2 & 3 can be combined for a larger tenant or owner occupier. Tenancy 3 currently has a short-term lease in place.
The property has undergone some major refurbishments over the past two years, with a brand new fitout constructed for WDRC in tenancy 1 in 2021 and a more recent refurbishment taking place in tenancy 2.
The property delivered a NOI over $150,000 in 2022/23 however could achieve well over $220,000 if fully leased.
For more information please contact Nigel Sharp at NTC Property.
NTC Property are pleased to announce the recent sale of 4 Albatross Street, Winnellie.
4 Albatross Street, Winnellie is a commanding 3,600 sqm corner allotment with a ground level brick masonry constructed office building providing approximately 900 sqm of office space over multiple tenancies. The property was purpose built for ANZ in 1983 with the bank occupying of a portion of the premises until 2019.
Winnellie is only 6 kilometres from Darwin's CBD and has great accessibility given it is positioned between Darwin's two main arterial roads being the Stuart Highway and Tiger Brennan Drive.
The property is currently divided into 3 tenancies with Tenancy 1 having a long-term lease in place to West Daly Regional Council (WDRC) however tenancies 2 & 3 can be combined for a larger tenant or owner occupier. Tenancy 3 currently has a short-term lease in place.
The property has undergone some major refurbishments over the past two years, with a brand new fitout constructed for WDRC in tenancy 1 in 2021 and a more recent refurbishment taking place in tenancy 2.
The property delivered a NOI over $150,000 in 2022/23 however could achieve well over $220,000 if fully leased.
For more information please contact Nigel Sharp at NTC Property.
Winnellie, 0820 demographic data
The median household income for Winnellie is $1,016, 54% lower than Greater Darwin's household income of $2,209. Winnellie has an older age profile compared to the rest of Greater Darwin (median age 52 vs 34). Property ownership data shows 18% of property owners in Winnellie have a mortgage.
197
Population
$1,016 per week
Median household income
52 years
Median age
Owners or renters
Most residents
Singles
Most households
NTC Property - DARWIN CITY43 Mitchell Street
DARWIN CITY, NT 0800
DARWIN CITY, NT 0800
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