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Knight Frank (NT) - Darwin

1 & 11 Stuart Highway Stuart Park, NT 0820

1 & 11 Stuart Highway,
Stuart Park, NT 0820

Shops & Retail

Price information

Sale

For sale by Expression of Interest

Key property information

Land area

Floor area

Property extent

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$1,400,000
Number of Tenants
1 Tenant
Tenants / Type
AP Eagers

Private inspections

to arrange a private inspection.
Knight Frank (NT) - Darwin
Peter McVann
Matthew Knight

Knight Frank (NT) - Darwin

46 Smith Street Mall
DARWIN CITY, NT 0800
Knight Frank (NT) - Darwin
1 & 11 Stuart Highway
Stuart Park, NT 0820

Map

Directions

'Golden Mile' Darwin Investment

Knight Frank NT is pleased to present to the market this exceptional investment offering along Darwin's 'Golden Mile'.

Situated just minutes from Darwin CBD with excellent exposure to the Stuart Highway, this location has over 24,000* vehicles passing daily.
The offering comprises 2 parcels of land totaling 13,094sqm. The property is leased to AP Eagers (ASX:APE), Darwin's only Toyota and Lexus dealer.
The current lease expires in 2029, and Lessee has a 5-year option.

Stuart Highway in Stuart Park is occupied by numerous car dealerships, associated car businesses such as Tint a Car, Pedders and Instant Windscreens and there is an Officeworks on the Highway also. Stuart Park has recently seen a large amount of redevelopment and investment with a new Liberty Fuel station with a Guzman Y Gomez, recently completed KFC and refurbishment of several other properties along the strip. This investment demonstrates the attraction of Darwin's 'Golden Mile' and makes this property an exceptional investment.

1 & 11 Stuart Highway, Stuart Park (Darwin) NT are for sale by Expression of Interest, closing Thursday 21st November at 4pm (ACST).


*Annual traffic report 2023

Property ID: 504711508Last Updated: 14 Nov 2024

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