905 Stuart Highway Holtze NT 0829

Knight Frank is pleased to bring to the market this retail, fuel and convenience investment.

The United Service Station is a landmark site in a strategic location on the Stuart Highway opposite industrial suburb Pinelands, with over 18,000 vehicles passing daily. The Stuart Highway is the main thoroughfare in and out of Darwin and the subject site is in close proximity to the industrial suburbs along the highway. The site is located 20km from Darwin CBD and 5km from Palmerston CBD at a 4-way controlled intersection.

The property enjoys a secure tenant with United Petroleum, a QuickSTOP and Pie Face on a lease until December 2023. Current income is $385,000 + GST annually.

Adjoining the site is the ever-busy Darwin FreeSpirit resort and the area is zoned TC - Tourist Commercial.
The property also has some additional vacant land with future development options, subject to council approval.

Auction will most likely be held in February 2024.