48 Priest StreetCiccone NT 0870
Property Details for 48 Priest St, Ciccone
Last Listing description (November 2025)
Commanding a prominent corner position at Priest Street and Smith Street, this substantial industrial facility represents a rare chance to secure a high-performing investment in the thriving Ciccone Industrial Precinct.
Set on a generous 5,490sqm allotment and zoned General Industry (GI), the property is purpose-built to support heavy-duty operations and logistics, ensuring ongoing demand from quality occupiers.
This impressive complex is designed with scale, efficiency, and versatility in mind, offering:
- Main service centre: 690sqm
- Office accommodation & staff facilities: 348sqm
- Mezzanine, wash bay & storage areas: 460sqm
- On-site fuel tanks for operational convenience
- Full cyclone fencing for security and peace of mind
Built with robust steel framing, reinforced concrete floors, and practical layouts, the property balances industrial strength with modern staff amenities. Significant refurbishments, including new partitioning and air-conditioning in 2019, further enhance its appeal.
The asset is underpinned by a long-term lease to AAT Kings Coach Company Pty Ltd, a nationally recognised transport operator:
- Lease term: 5 years, commencing 1 January 2024
- Option: 5-year renewal
- Current rent: $123,968 p.a. + GST + outgoings
- Fixed annual increases: 3%
Situated just 2 kilometres north-west of Alice Springs CBD, this address offers unrivalled connectivity to arterial roads servicing the region and beyond. Surrounded by complementary industrial developments, the property enjoys:
- High visibility and passing traffic from two street frontages (98m to Priest Street, 60m to Smith Street)
- Direct access for large vehicles and service fleets
- Proximity to major trade, logistics, and service operators
With Alice Springs recognised as a critical hub for government, defence, mining, and tourism infrastructure, demand for quality industrial assets remains strong.
Investment Highlights
- Land Area: 5,490sqm freehold title
- Zoning: General Industry (GI) under NT Planning Scheme
- Secure lease to established national tenant
- Strong annual rental growth at 3% fixed increases
- Future flexibility for owner-occupiers or redevelopment
The property is offered For Sale by Expressions of Interest, closing 5pm, Wednesday 15 October 2025, at the offices of LJ Hooker Alice Springs.
Exclusive Agent:
LJ Hooker Alice Springs
Doug Fraser
0418 897 768 | dfraser@ljhalicesprings.com.au
Property History for 48 Priest St, Ciccone, NT 0870
- 14 Nov 2025Sold for $2,000,000
- 07 Nov 2025Listed for Sale Sold
- 06 Jan 2016Listed for Rent - Price not available
Recent sales nearby
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0About Ciccone 0870
The size of Ciccone is approximately 2.5 square kilometres. It has 1 park. The population of Ciccone in 2016 was 255 people. By 2021 the population was 281 showing a population growth of 10.2% in the area during that time. The predominant age group in Ciccone is 20-29 years. Households in Ciccone are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Ciccone work in a clerical occupation.In 2021, 22.50% of the homes in Ciccone were owner-occupied compared with 28.80% in 2016.
Ciccone has 541 properties. Over the last 5 years, Houses in Ciccone have seen a -10.50% decrease in median value, while Units have seen a 17.81% increase. As at 31 March 2026:
- The median value for Houses in Ciccone is $443,437 while the median value for Units is $375,095.
- Units have a median rent of $380.
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