51 Todd StreetAlice Springs NT 0870
Property Details for 51 Todd St, Alice Springs
51 Todd St, Alice Springs is a bedroom, bathroom House with 1 parking spaces. The property has a land size of 2013m2.
Last Listing description (December 2024)
Situated in the heart of Alice Springs' Central Business District on Todd Mall, this prominent two-storey commercial building presents a unique investment opportunity. The property boasts six tenancies, including two vacant offices, substantial income potential, and a diverse tenant mix. It combines high-profile retail spaces on the ground floor with flexible office spaces above, making it ideal for a variety of business types.
Property Highlights:
Strategic CBD Placement: Located on Todd Mall, this location ensures high visibility and foot traffic-perfect for retail and professional office setups.
Ample Car Parking: Features secure, open bitumen parking for tenants and visitors.
Modern Amenities: Each tenancy is equipped with comprehensive kitchen and bathroom facilities, and secure access is available for upper-level offices.
Tenancy Details:
Ground Floor 1 (Vacant): 179.60 m - Prime retail or office space.
Ground Floor 2 (Leased): 178.76 m - Leased until 2026 at $85,282 p.a.
Ground Floor 3 (Leased): 437 m - Leased until 2028 at $139,840 p.a.
Ground Floor 4 (Vacant): 188 m - Ready for immediate occupancy, offering competitive rents.
First Floor 1 (Vacant): 83 m - Ideal for bespoke office layout.
First Floor 2 (Leased): 312.5 m - Leased until 2025 at $54,000 p.a.
Property Specifications:
Address: 51-53 Todd Street, Alice Springs, NT
Zoning: CB - Central Business
Land Area: 2,020 m
Total Lettable Area: 1,378.95 m
Projected ROI: 11.31%
Council Rates: $49,688 per annum
This property represents an outstanding investment in a high-demand area, offering a solid yield and significant growth prospects. It's ideal for investors seeking a stable asset with room for value-add through strategic tenancy management.
Expressions of interest
For further details or to request an Information Memorandum, please contact Lindsay at 0439 034 711 or lindsay.carey@nh.com.au
Property History for 51 Todd St, Alice Springs, NT 0870
- 11 Nov 2024Listed for Sale Expressions of Interest
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0About Alice Springs 0870
The size of Alice Springs is approximately 1.3 square kilometres. There are 5 parks, covering nearly 14.6% of the 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 751 properties. Over the last 5 years, Houses in Alice Springs have seen a -4.03% decrease in median value, while Units have seen a -23.69% decrease. As at 30 April 2026:
- The median value for Houses in Alice Springs is $437,188 while the median value for Units is $236,427.
- Units have a median rent of $380.
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