4/17 University Avenue, Palmerston, NT 0830 | Property Value & History | OnTheHouse
OFF MARKET

4/17 University Avenue
Palmerston NT 0830

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 596m2
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Last updated 10 Aug 2026
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Property Details for 4/17 University Ave, Palmerston

Building Type
Commercial
Land Size
596m2
Local Government
Palmerston
Lot/Plan
Loc 590 Lot 4535/S 94/254

Last Listing description (August 2026)

High Visibility Commercial Opportunity in Central Palmerston

Put your business in front of your customers.

This approximately 102m tenancy at University Avenue offers an excellent opportunity for a business seeking a highly visible and conveniently located commercial premises in the heart of Palmerston.

With prominent frontage and excellent signage visibility, the tenancy provides businesses with the opportunity to establish a strong presence and make it easy for customers to find them.

The property is positioned alongside MVR and other established businesses that generate consistent customer activity and foot traffic, creating a convenient and familiar destination for customers.

With excellent accessibility, customer parking and a flexible internal layout, the tenancy is well suited to a range of retail, professional, office and service-based businesses.

Property features include:

- Approximately 102m of internal space

- Prominent frontage and excellent signage visibility

- Positioned alongside MVR and other established businesses

- Strong customer accessibility and surrounding activity

- Convenient customer and staff parking

- Fully air-conditioned

- Flexible layout

- Communal bathroom facilities

- Well-positioned in central Palmerston

Now available at $3,000 per month inc GST.

A rare opportunity to secure a highly visible and accessible commercial premises in an established Palmerston location.

Contact the leasing agent today to arrange an inspection.

Property Code: 2032

Property History for 4/17 University Ave, Palmerston, NT 0830

A timeline of how this property has performed in the market
Last Sold
$38,700,000
05 Nov 2019
  • 25 May 2026
    Listed for Rent $36,000 / year
  • 05 Nov 2019
    Sold for $38,700,000
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About Palmerston 0830

The size of Palmerston is approximately 0.6 square kilometres. There are 3 parks, covering nearly 2.3% of the total area. The population of Palmerston in 2016 was 21 people. By 2021 the population was 194 showing a population growth of 823.8% in the area during that time. The predominant age group in Palmerston is 20-29 years. Households in Palmerston are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Palmerston work in a community and personal service occupation.In 2021, 0.00% of the homes in Palmerston were owner-occupied compared with 0.00% in 2016.

Palmerston has 46 properties. Over the last 5 years, Units in Palmerston have seen a 51.89% increase in median value. As at 31 July 2026:

  • The median value for Units in Palmerston is $576,434.
There are currently 1 property listed for sale, and 2 properties listed for rent in Palmerston on OnTheHouse. According to Cotality's data, 3 properties were sold in the past 12 months in Palmerston.

Suburb Insights for Palmerston 0830

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.