878 Stuart Highway,
Pinelands, NT 0829
Key property information
Map of 878 Stuart Highway
Fully leased investment - Under Offer
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 listed for sale at $1,630,000.
For further information please contact Knight Frank on 8982 2500 or Matthew Knight on 0413 058 0... or Michelle McRae on 0448 882 399.
Property ID: 503717442Last Updated: 22 Aug 2021