95 Coonawarra Road,
Winnellie, NT 0820
Warehouse, Factory & Industrial
Key property information
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Floor area
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Parking info
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LJ Hooker Commercial - North
Suite 1, 25 Parap RoadPARAP, NT 0820
95 Coonawarra Road
Winnellie, NT 0820
Map of 95 Coonawarra Road
Quality Winnellie investment
- Blue Chip Tenant
- Scope for significant rental uplift
- Ideal Winnellie location
95 Coonawarra Road is 6 radial km's northeast of the Darwin CBD, on the eastern side of Winnellie. This convenient location offers great access in to and out of the Darwin CBD via either Tiger Brennan Drive or the Stuart Highway.
Winnellie is the nearest major industrial suburb to the Darwin CBD and is the preferred location for a range of businesses including services, distribution and light manufacturing. Coonawarra Road is one of the two main east-west arterials in Winnellie, along with Winnellie Road.
95 Coonawarra Road is a 3,800 square metre parcel of General Industry (GI) zoned land, The property features a total GFA of 830sqm (approx.) with an office and warehouse positioned on the front of the property, the clearspan warehouse is 575sqm (approx.) and the office is 75sqm (approx.). In the back right hand corner of the site is a 180sqm (approx.) washdown bay including an oil separator, electricity and lighting.
There is also a fuel tank and bowser positioned next to the warehouse area. The site is completely surface with bitumen at the front half of the block and concrete at the back half of the lot. The site is secured with perimeter fencing and a wide double swinging gate at the front of the property.
The property is currently leased to AAT Kings Coach Company until 31/12/2028 with a 5-year option and the current passing rent is $80,841 per annum with fixed 3% increases each year.
There is scope for a significant rental uplift at the expiry of the term as it is well under market.
For more information please contact Ryan Doyle 0405 192 3... or Lee Doyle 0403 348 2... at LJ Hooker Commercial North.
Winnellie is the nearest major industrial suburb to the Darwin CBD and is the preferred location for a range of businesses including services, distribution and light manufacturing. Coonawarra Road is one of the two main east-west arterials in Winnellie, along with Winnellie Road.
95 Coonawarra Road is a 3,800 square metre parcel of General Industry (GI) zoned land, The property features a total GFA of 830sqm (approx.) with an office and warehouse positioned on the front of the property, the clearspan warehouse is 575sqm (approx.) and the office is 75sqm (approx.). In the back right hand corner of the site is a 180sqm (approx.) washdown bay including an oil separator, electricity and lighting.
There is also a fuel tank and bowser positioned next to the warehouse area. The site is completely surface with bitumen at the front half of the block and concrete at the back half of the lot. The site is secured with perimeter fencing and a wide double swinging gate at the front of the property.
The property is currently leased to AAT Kings Coach Company until 31/12/2028 with a 5-year option and the current passing rent is $80,841 per annum with fixed 3% increases each year.
There is scope for a significant rental uplift at the expiry of the term as it is well under market.
For more information please contact Ryan Doyle 0405 192 3... or Lee Doyle 0403 348 2... at LJ Hooker Commercial North.
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
LJ Hooker Commercial - NorthSuite 1, 25 Parap Road
PARAP, NT 0820
PARAP, NT 0820
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