55 Stuart HighwayStuart NT 0870
Property Details for 55 Stuart Hwy, Stuart
Last Listing description (June 2023)
Located on the limited stretch of the Stuart Highway passing through the Alice Springs township and offering commercial frontage, this extremely rare and outstanding property poses an attractive opportunity for the astute investor who is also looking to further develop.
Most locals will know it as the Water Resources Building and true locals will recall it as Stuart Highway Furniture. Having undergone a substantial refurbishment internally and externally, this Alice stalwart has been elevated to modern standards.
A high-profile business lease encompasses the whole site on a 5-year term expiring 01 April 2026, with a further 5-year option, providing an attractive investment return on the property.
The substantially sized two-storey office building has been sectioned into the following major areas, each with their own internal dividing walls to create offices, workshops, lunchrooms, board room and other necessary spaces to suit an array of uses:
- Ground floor 673m2
- First floor 336m2
- Single storey office administration 477m2
- Warehouse 486m2
- Attached canopy 72m2
- Separate administration 100m2
Total 2144m2
The total land area is 6,060 square metres with approximately 2,000 square metres that had a proposal to subdivide.
Council Rates: $26,500.03 p.a.
Opportunities to hold properties of this nature are rare and can be extremely rewarding. Contact Sam Linn for further information.
Property History for 55 Stuart Hwy, Stuart, NT 0870
- 07 Jun 2022Sold for $3,800,000
- 27 Aug 2021Listed for Sale $3,800,000 ex. GST
- 24 Oct 2012Listed for Sale $4,500,000
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0About Stuart 0870
The size of Stuart is approximately 8.2 square kilometres. It has 4 parks covering nearly 71.0% of total area. The population of Stuart in 2016 was 466 people. By 2021 the population was 459 showing a population decline of 1.5% in the area during that time. The predominant age group in Stuart is 10-19 years. Households in Stuart are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Stuart work in a professional occupation.In 2021, 29.70% of the homes in Stuart were owner-occupied compared with 26.40% in 2016.
Stuart has 134 properties. Over the last 5 years, Houses in Stuart have seen a -9.66% decrease in median value, while Units have seen a 0.66% increase. As at 31 January 2026:
- The median value for Houses in Stuart is $526,837 while the median value for Units is $310,232.
- Units have a median rent of $450.
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