91 Todd StreetAlice Springs NT 0870
Property Details for 91 Todd St, Alice Springs
Last Listing description (June 2023)
The iconic ‘Capricornia Centre’ is a single storey, high-profile complex of 9 retail/service shops with 7 independent tenancies spanning the corner of Gregory Terrace and Todd Street in the CBD of Alice Springs.
The property is zoned Central Business (CB) which actively promotes a mixed- use environment that targets commercial, cultural, administrative, retail and other business activities. The highly visible location is adjacent to the Alice Springs Town Council on the southern side of the busy intersection and the entrance into Todd Mall on the northern side.
Built in the early 1970s of painted besser block walls and aluminium windows and door frames. Each of the exterior windows and doors has been fitted with electronic security roller doors.
There is a total land area of 560sqm or thereabouts and a nett lettable area of 497sqm. Each tenancy has its own rear access to amenities including bathroom facilities, split system air conditioning and electric hot water.
The complex enjoys high occupancy with just one tenancy currently vacant. The fully occupied gross rent is estimated to be $165,532 ex GST and the non-recoverable outgoings are approximately $7,750.
An astute purchase for the returns driven investor. A detailed Information Memorandum is available by contacting the selling agent.
Property History for 91 Todd St, Alice Springs, NT 0870
- 05 Nov 2021Listed for Sale Sold
- 12 Jul 2021Sold for $1,300,000
- 27 Apr 2021Listed for Sale Under Contract
Recent sales nearby
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0About 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.
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