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5 King Street
Stuart Park NT 0820
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Sold on 15 Mar 2022

5 King Street Stuart Park NT 0820

  • Development / Land
  • 1,160 m²
  • Sold, $572,500

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

Knight Frank - Northern Territory
Knight Frank - Northern Territory
46 Smith St
Darwin City, NT 0800

Property Highlights

Date Sold15 Mar 2022
Sold Price$572,500
Floor AreaAsk Agent
Land Area1,160 m²
ParkingAsk Agent
Property ID2015868584
Category
Last updated  23 Mar 2022
Map for 5 King Street Stuart Park NT 0820

Nearest transport* to 5 King Street Stuart Park NT 0820

Bus
Stuart Hwy after King St103 m
Margaret Street127 m
39 Stuart Hwy141 m
Duke Street223 m
This data is © 2024 Northern Territory Government of Australia, licenced under CC BY 4.0.
*Within a 4km radius
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Knight Frank - Northern Territory
Knight Frank - Northern Territory
46 Smith St
Darwin City, NT 0800

Property Highlights

Date Sold15 Mar 2022
Sold Price$572,500
Floor AreaAsk Agent
Land Area1,160 m²
ParkingAsk Agent
Property ID2015868584
Category
Last updated  23 Mar 2022

Co-Agents

Matthew Knight
Matthew Knight
Knight Frank - Northern Territory
Call
0413 058 020
Peter McVann
Peter McVann
Knight Frank - Northern Territory
Call
0412 833 276

More about 5 King Street Stuart Park NT 0820

5 King Street Stuart Park NT 0820 is categorized as Land & Development Property. It has a land area of 1,160 m². The listing ID for this property is 2015868584.

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