1 & 11 Stuart Highway, Stuart Park, NT 0820

Retail
For sale by Expression of Interest
For sale by Expression of Interest
Published on: 14 Oct 2024
Last updated on: 14 Nov 2024
1 & 11 Stuart Highway, Stuart Park, NT 0820
1 & 11 Stuart Highway, Stuart Park, NT 0820
1 & 11 Stuart Highway, Stuart Park, NT 0820
+22
1 & 11 Stuart Highway, Stuart Park, NT 0820
  • 22
Property ID: 504711508
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Key property information

Land Size
13,094.00 m2
Floor Area
13,094.00 m2
Tenure Type
tenanted

'Golden Mile' Darwin Investment

1 & 11 Stuart Highway, Stuart Park, NT 0820
Knight Frank NT is pleased to present to the market this exceptional investment offering along Darwin's 'Golden Mile'.

Situated just minutes from Darwin CBD with excellent exposure to the Stuart Highway, this location has over 24,000* vehicles passing daily.
The offering comprises 2 parcels of land totaling 13,094sqm. The property is leased to AP Eagers (ASX:APE), Darwin's only Toyota and Lexus dealer.
The current lease expires in 2029, and Lessee has a 5-year option. 

Stuart Highway in Stuart Park is occupied by numerous car dealerships, associated car businesses such as Tint a Car, Pedders and Instant Windscreens and there is an Officeworks on the Highway also.  Stuart Park has recently seen a large amount of redevelopment and investment with a new Liberty Fuel station with a Guzman Y Gomez, recently completed KFC and refurbishment of several other properties along the strip.  This investment demonstrates the attraction of Darwin's 'Golden Mile' and makes this property an exceptional investment.

1 & 11 Stuart Highway, Stuart Park (Darwin) NT are for sale by Expression of Interest, closing Thursday 21st November at 4pm (ACST).


*Annual traffic report 2023

Property Details

Basic Info

Property Type
Retail
Listing Status
On Market
Land Size
13,094.00 m2
Address
1 & 11 Stuart Highway, Stuart Park, NT 0820
Peter McVann
Peter McVann
Matthew Knight
Matthew Knight
46 Smith Street Mall, Darwin City, NT 0800
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Peter McVann
Peter McVann
Matthew Knight
Matthew Knight
46 Smith Street Mall, Darwin City, NT 0800
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      Property ID: 504711508

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