65 Jessop CrescentBerrimah NT 0828
Property Details for 65 Jessop Cres, Berrimah
Last Listing description (November 2024)
Knight Frank NT is pleased to offer to the market this exceptional quality, tenanted investment property in the growth area of Berrimah, Berrimah Business Park.
With a strategic position just off the Stuart Highway, and perfectly positioned between Darwin and Palmerston CBD's and only 13min* to Darwin CBD and 8min* to Darwin International Airport, this property is perfectly located for the future growth of Darwin.
The Berrimah area is now home to numerous household names including Harvey Norman, JB Hi-Fi, Amart Furniture, Petstock, BBQ's Galore, Joyce Mayne and many more.
Constructed in 2021, this property would be an excellent addition to any investor's portfolio. The property itself sits on a prominent corner site of 2,440sqm, with a 966sqm* office and warehouse. It is occupied by SAGE Group, a global organisation with a long-term presence in the Northern Territory. The current lease expires in Nov 2031 and the tenant has 2 x 5 year options.
The property enjoys easy connection to the Stuart Highway, Amy Johnson Avenue (via Castillon Road) and Tiger Brennan Drive towards East Arm.
Now is the time to invest in the Northern Territory: The new Charles Darwin University is set to open later this year, over $8 Billion in future defence spending confirmed, Darwin's new ship lift is under construction, Santos is underway with the latest expansion of their LNG project and Darwin's Middle Arm precinct is a step closer to becoming a reality. Darwin is primed for growth.
Contact agents for more information.
*Approx.
Property History for 65 Jessop Cres, Berrimah, NT 0828
- 12 Nov 2024Sold for $3,530,000
- 15 Jul 2024Listed for Sale UNDER CONTRACT
- 16 Dec 2019Sold for $832,040
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0About Berrimah 0828
The size of Berrimah is approximately 9.8 square kilometres. There are 6 parks, covering nearly 2.3% of the total area. The population of Berrimah in 2016 was 789 people. By 2021 the population was 1199 showing a population growth of 52.0% in the area during that time. The predominant age group in Berrimah is 10-19 years. Households in Berrimah are primarily couples with children and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Berrimah work in a professional occupation.In 2021, 54.50% of the homes in Berrimah were owner-occupied compared with 39.30% in 2016.
Berrimah has 1,170 properties. Over the last 5 years, Houses in Berrimah have seen a -38.55% decrease in median value, while Units have seen a 22.87% increase. As at 30 June 2026:
- The median value for Houses in Berrimah is $562,903 while the median value for Units is $542,386.
- Houses have a median rent of $900 while Units have a median rent of $640.
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