285 Stuart Highway Alice Springs NT

SOLD | $4,100,000 | 6.97% yield | 1,930 sqm GBA | 9,700 sqm allotment              

NTC Property and NAPC are delighted to offer to market 285 Stuart Highway, Alice Springs.

The asset is a 1,930sqm high quality modern industrial facility situated on a 9,700sqm site located city inbound approximately 3.5km from the Alice Springs CBD. The property is leased to a long term, well established transport & logistics business in Gilbert’s Transport who have been servicing SA & NT for almost 50 years.

Since purchasing the property the vendor has undertaken major upgrades including cool rooms, awning, concrete hardstand, mezzanine, solar power system and wash-bay to name a few.

Major attributes of the property include the following:

  • 404sqm high clearance, clear span warehouse with 4 RSDs
  • 650sqm high clearance awning
  • 588sqm freezer, chiller and anteroom with loading docks
  • 161sqm office, mezzanine including amenities, staff breakout area and accommodation
  • 127sqm wash-bay
  • Concrete & bitumen hardstand
  • Solar power system
    (all areas are approximate)

The property has a 3 year lease commencing 7 June 2021 with 5 x 2 year options thereafter. Commencing rent is $270,000pa + GST with the tenant responsible for outgoings.

Contact selling agent:
Nigel Sharp – Director
0422 275 920