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.
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:
$415k
-12.34%
View TrendN/A
6.88%
$217k
-4.86%
View TrendN/A
N/A
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%
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