58 Hartley Street, Alice Springs, NT 0870 | Property Value & History | OnTheHouse
 
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58 Hartley Street
Alice Springs NT 0870

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1053m2
Land area: 1230m2
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Property Details for 58 Hartley St, Alice Springs

Building Type
Commercial
Floor Size
1053m2
Land Size
1230m2
Local Government
Alice Springs
Lot/Plan
Loc 010 Lot 125/OP 001005

Last Listing description (October 2015)

A Compelling CBD Investment
The property is located in the heart of Alice Springs Central Business District in close proximity to the vibrant Yeperenye Shopping Centre and the main town car park. It has a frontage to Hartley Street of 20 linear metres and a depth of 61 metres through to the rear lane and onsite parking for 12 vehicles.
The building is fully let with leases to NT Government. The current leases run through to February 2015 and October 2016. Both leases have further five year term options to the existing leases.

NT Archives who occupy the ground floor tenancy have been tenants of the building for over 15 years and have a room designed and fitted out with their own dedicated air conditioning system to ensure constant temperature and conditions to assist with safe document storage.
The property has undergone significant upgrades in recent years with the front facade and new air conditioning system being installed. Following the recent capital expenditure on the building, the property enjoys significant depreciation allowances with the figure for the financial year ending 30 June 2012 in excess of $40,000.
With estimated net income of $280,000pa and both tenancies leased to NT Government departments, a prime location in the heart of the town centre and onsite parking this property ticks all the boxes.
We believe this property offers investors a low risk, high return investment with a strong NT Government tenant.
Written expressions of interest should be received either by email to
andrew.doyle@framptons.com.au or hand delivered to the offices of First National Framptons by 4pm Friday March 21st 2014.

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Property History for 58 Hartley St, Alice Springs, NT 0870

A timeline of how this property has performed in the market
Last Sold
$2,850,000
01 Oct 2015
  • 01 Oct 2015
    Sold for $2,850,000
  • 04 Feb 2014
    Listed for Sale $3,000,000
  • 07 Nov 2006
    Sold for $1,500,000
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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 761 properties. Over the last 5 years, Houses in Alice Springs have seen a 23.32% increase in median value, while Units have seen a 12.24% increase. As at 30 November 2025:

  • The median value for Houses in Alice Springs is $464,198 while the median value for Units is $223,643.
  • Units have a median rent of $380.
There are currently 5 properties listed for sale, and 34 properties listed for rent in Alice springs on OnTheHouse. According to Cotality's data, 12 properties were sold in the past 12 months in Alice springs.

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