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5 King Street Stuart Park NT 0820

  • Factory, Warehouse & Industrial
  • 1,160 m²
  • Expressions of Interest

Ideal Lot for Small Business Operator



    5 King Street is situated two blocks off the Stuart Highway. It used to be used by the associated car dealership fronting Stuart Highway. Stuart Park (the Golden Mile) is the central hub for most car dealerships and other retail and automotive uses. There is easy access in and out of Stuart Park via the Stuart Highway and Tiger Brennan Drive (via Dinah Beach road).

    The property is underdeveloped and only has a couple of car port structures on the site with some bitumen seal to the block. There is a singular vehicular cross over off King Street. There is no exposure to the Stuart Highway. Likely purchasers would be mechanics, car detailers, hire companies and businesses potentially looking for hard stand storage or new car delivery/service area.

    Land to the rear of this site is zoned MD (Multiple Dwellings) and it could be worthwhile in the future approaching the Department of Infrastructure Planning and Lands to see if Planning would consider a re-zone to Multiple Dwelling (MD).

    Given the site is under-developed we believe it would appeal to small businesses that could seize the opportunity to acquire the site and develop a small office and workshop for the business.

    Key points:

    - Land area 1,160sqm
    - Zoned SC - Service Commercial
    - Perfect for development
    - Situated just off the Stuart Highway

    For Sale by Expressions of Interest closing Tuesday 10th of December at 4pm.

    Contact Matthew Knight or Peter McVann or Knight Frank on 08 8982 2500

    EXPRESSION OF INTEREST

    Closing date and time10/12/2020 16:00
    Recipient nameAsk Agent
    Delivery addressAsk Agent

    Property Highlights

    Property ID2015868584
    Floor Area1,160 m²
    Land Area1,160 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityVacant
    Category
    Last updated  13 Jul 2020
    Map for 5 King Street Stuart Park NT 0820
    Map for 5 King Street Stuart Park NT 08205 King Street Stuart Park NT 0820
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    • Purchase price

      $
      1,234,567

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

    Find out your loan options

    Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

    Knight Frank - Northern Territory
    Level 2/46 Smith Street Mall Darwin NT 0800

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