2 Smith Street, Ciccone, NT 0870 | Commercial for sale | OnTheHouse
 
FOR SALE
$1,230,000 ex GST

2 Smith Street
Ciccone NT 0870

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2130m2
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2 Smith Street represents a rare opportunity to acquire a fully leased, freehold light industrial investment in the heart of Alice Springs' premier industrial precinct. Opportunities of this nature — genuine income diversity, freehold title, and prominent street presence — seldom come to market in Ciccone, and rarely arrive fully leased.
Three independent tenancies mean income is never reliant on a single occupant, providing a meaningful risk buffer that single-tenancy assets of comparable value simply cannot offer. If one tenancy turns over, two-thirds of rental income remains intact. Lease expiries aligned around 2026 add a further dimension rather than a risk to be managed, they represent a near-term opportunity to reset rents to market in a precinct defined by low vacancy and persistent occupier demand. For a well-positioned purchaser, that timing is upside.
The property itself sits on a 2,130 sqm landholding with approximately 78 metres of prominent Smith Street frontage. Across three buildings, the site accommodates a practical configuration of steel-framed industrial sheds, office and amenity space, open hardstand and yard area — functional, adaptable improvements suited to a broad range of workshop, storage, and trade uses consistent with the character of the surrounding precinct. Returning circa $94,000 per annum across three separate tenancies,
Ciccone is one of Alice Springs' dominant industrial prescient and a market characterised by constrained land supply, low vacancy, and a demand base anchored by trade, logistics, government, and resources-related operators. Direct Smith Street frontage, convenient access to the North Stuart Highway, and proximity to the Alice Springs CBD approximately two kilometres away.

Property Details for 2 Smith St, Ciccone

Building Type
Commercial
Land Size
2130m2
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About Ciccone 0870

The size of Ciccone is approximately 2.5 square kilometres. It has 1 park. The population of Ciccone in 2016 was 255 people. By 2021 the population was 281 showing a population growth of 10.2% in the area during that time. The predominant age group in Ciccone is 20-29 years. Households in Ciccone are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Ciccone work in a clerical occupation.In 2021, 22.50% of the homes in Ciccone were owner-occupied compared with 28.80% in 2016.

Ciccone has 542 properties. Over the last 5 years, Houses in Ciccone have seen a -2.63% decrease in median value, while Units have seen a 20.35% increase. As at 28 February 2026:

  • The median value for Houses in Ciccone is $468,961 while the median value for Units is $375,814.
  • Units have a median rent of $385.
There are currently 5 properties listed for sale, and 10 properties listed for rent in Ciccone on OnTheHouse. According to Cotality's data, 14 properties were sold in the past 12 months in Ciccone.

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Sam Linn
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LJ Hooker Alice Springs
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