2 Railway TerraceAlice Springs NT 0870
Property Details for 2 Railway Tce, Alice Springs
Last Listing description (February 2025)
Is it time to add a solid commercial investment property to the portfolio, it just might be.
The site is positioned on the corner of the Stuart Highway, Wills Terrace and Railway Terrace, there is plenty of exposure to passing traffic.
There has been a broad range of businesses that operated from the premises, such as a popular club, vehicles and motorcycle shop, various retail and now it is being utilised for offices by the NT Government.
Overall, the land area is 2,430 square metres with a building size of approximately 1,179 square metres. Secure income from an appealing lease until June 2027 with an option to renew.
Great buying for any investor or owner-operator looking to secure a site in the tightly held market of Alice Springs commercial real estate.
For more information please contact Doug Fraser at 0418 897 768.
Council Rates: $44,367.40 p.a.
Property History for 2 Railway Tce, Alice Springs, NT 0870
- 19 Feb 2025Listed for Sale Under Contract
- 15 Jul 2024Listed for Sale $2,200,000 exl GST
- 01 Mar 2023Listed for Sale $2,200,000 exl GST
Recent sales nearby
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About Alice Springs 0870
The size of Alice Springs is approximately 1.3 square kilometres. It has 5 parks covering nearly 14.6% of total area. The population of Alice Springs in 2016 was 300 people. By 2021 the population was 231 showing a population decline of 23.0% in the area during that time. The predominant age group in Alice Springs is 30-39 years. Households in Alice Springs are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Alice Springs work in a managers occupation.In 2021, 22.90% of the homes in Alice Springs were owner-occupied compared with 14.70% in 2016..
Alice Springs has 768 properties. Over the last 5 years, Houses in Alice Springs have seen a 3.94% increase in median value, while Units have seen a -15.37% decrease. As at 30 June 2025:
- The median value for Houses in Alice Springs is $415,472 while the median value for Units is $217,021.
- Units have a median rent of $360.
What's around 2 Railway Tce, Alice Springs
Suburb Insights for Alice Springs 0870
Market Insights
Alice Springs Trends for Houses
$415k
-12.34%
View TrendN/A
6.88%
Alice Springs Trends for Units
$217k
-4.86%
View TrendN/A
N/A
Neighbourhood Insights
Age
Population 231
0-9
6%
10-19
7%
20-29
17%
30-39
29%
40-49
15%
50-59
15%
60-69
11%
70-79
2%
80-89
1%
Household Structure
Occupancy
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