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Offices For Sale found in THE GAP, NT 0870

25 UNITS - 2 TITLES

Offices

For any investor looking for a large block of units, well maintained with future potential then 12 Gnoilya Street, Alice Springs (Alice Rental Apartments) should be considered.
It was run for many years as the Alice Tourist Apartments, motel style accommodation and provided the owner with a secure, low maintenance investment with the business operator leasing the complex on a long term basis. Following the slowing of the tourism sector in Alice Springs the owner undertook renovation in 2009 and converted the property to short, medium and long term furnished residential apartments.
New floor coverings, beds, leather lounges, tables, chairs and flat screen televisions where purchased and the complex has enjoyed a strong occupancy rate in this time. Other improvements made at this time included the installation of remote control security gate to the front of the complex and improved security fencing. Security doors to each unit and a number of new split system air conditioners have been installed. All units are air conditioned.
The property comprises a total land area of 2,270m2 which includes eleven one bedroom units, twelve studio apartments, one studio apartment with disabled access and a spacious two bedroom manager's residence with additional storage rooms. Also located on site is a communal laundry, swimming pool, BBQ area, and a store room/reception office and kitchen.
The units will continue to be well occupied as housing demand remains strong in the lower end of the price market. These units offer entry level furnished accommodation with access to a pool, BBQ area and laundry facilities.
Fully let the property has gross income potential of approximately $370,000pa with projected net income of approximately $220,000pa.
The complex is centrally located to major centres of employments such as Lasseters Hotel Casino, Double Tree By Hilton Hotel and the Alice Springs Hospital it is also within close proximity to a suburban supermarket.
Full details and an information memorandum are available from Andrew Doyle at First National Framptons on 0418 897 010.

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Price: $2,950,000    Land: 2270m²    Occupancy: Vacant

Properties located in the surrounding suburbs

PRIME REAL ESTATE

Offices | Showrooms

The outstanding retail outlet at 2 Wills Terrace is in a high traffic location at the base of Anzac Hill and the corner of Wills Terrace and Bath Street.
A 298m2 showroom and and a 547m2 warehouse sit on 2010m2 of CB land, with frontage to Wills Terrace and Bath Street. The current car park features spaces for 23 cars.
This is a great property in the heart of Alice.
Contact Andrew Doyle for more information.

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Price: $1,500,000 + GST    Building: 845m²    Land: 2010m²    Occupancy: Vacant

EXPRESSION OF INTEREST SOUGHT

Offices | Retail

The property at 20 Schwarz Crescent is being offered for sale by way of Expression of Interest to enable intending purchasers to pursue possible alternate uses for the land and buildings. The closing date for Expressions is 4pm Thursday 9th November 2017.
The Vendor reserves the right to:
sell the property by private treaty prior to the closing date.
vary or alter the sales timetable at any time in any respect whatsoever, without providing notice to any interested party.
The Vendor will consider an offer subject to Rezoning or a Development Consent Approval, providing the intending purchaser carries the cost of any application, pays a deposit equivalent to 5%, and signs a contract subject to conditions agreed to in the Expression of Interest.
The property comprises total land area of 9,870m2 with substantial structures erected thereon. Structures include the main building being a bar/club, with partitioned gaming room, managers office, entry/reception area, board room, male and female ablutions, a commercial kitchen and dining area, walk-in cool rooms and storage areas. In addition to the main building the property also has an outdoor bar area (Long Tan Bar) with a separate toilet block and shaded area.
In addition to established buildings the property has substantial bitumen car parking and drive through access. The subject property is located at the foot of Anzac Hill and 900m from the Alice Springs Post Office.
The property being offered is currently encumbered by Statutory Notice Prescribed Property (Dealing Number 364497). Intending purchasers should make their own enquiries about the consequence of this notice. The Vendor has sought the Ministers consent to sell the property and further asked the Minister to confirm that the Prescribed Property notice will be removed on or before completion of the sale of the property. Any sale contract entered will be subject to and conditional on the Prescribed Property notice being removed on or before completion.
We are offering for sale the land and buildings along with the attached fixtures and fittings and chattels of the Association. To enable the Vendor to compare all offers received the intending purchaser should apportion their offer between:
1. the land and buildings; and
2. the chattels.
Contact Andrew Doyle for an Information Memorandum or more information.

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Price: Expressions of Interest    Building: 885m²    Land: 9870m²

COMMERCIAL LAND - EXPOSURE, VERSATILITY + INCOME

Offices

A huge parcel of land with 900 metres frontage to Smith Street is on offer, with several purchase options available.This is an opportunity to either land-bank or purchase and develop with a number of possible scenarios, mostly involving industrial type enterprises.
- 27,000 square metres of vacant, undeveloped land
- Industrial area - variety of uses and options
- Purchase entire parcel or 1 of the 2 fully developed blocks
- National tenant renting spur line - $30,000 pa
- Suit entrepreneur, growing business, investor!
Interested buyers have three purchase options - firstly to buy the entire greenfield site of 27,000m2 for $2,000,000 (excluding GST); secondly, to purchase a fully serviced "Lot 1" which is the corner block - 2,500m2 for $575,000 (ex GST) or fully serviced "Lot 2", 2,580m2 for $520,000 (ex. GST); Lot 1 is exposed to the busy Lovegrove Drive - Smith Street corner.
The size of the land is 27,000 square metres (2.7 hectares) - flat and undeveloped it backs on to the Darwin/Adelaide rail line.There is a secure lease from a blue chip national tenant over 8% of the land generating in excess of $30,000 per annum with CPI increases until 2021, so an income is assured for new owner. The only improvement on the land is a 1.8 metre high chain link fence that commences at the Smith Street/Lovegrove T-intersection.
With options that include light industry and related office/retail, there is a genuine opportunity here for a growing business to perhaps relocate and build larger premises, or a property developer to build warehouse/showroom structures for lease.
The zoning allows for a variety of permissible uses as well as other discretionary options subject to Development Authority consent.Types of uses could include: light industry, mechanical repairs, vehicle sales/hire, plant nursery, recreational facility and large scale retail show rooms. A full list is available from the Agent.
Quite a rare offering, an investor, developer or entrepreneur may need to brain storm and think a little laterally to realise full potential... but it's always there, and it's the visionaries who generally reap the rewards in the property market. Contact Dominic Miller for further information, interest is anticipated from local, interstate and international buyers.

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Price: $2,000,000    Building: 27000m²    Land: 27000m²    Occupancy: Vacant


SOLID AS A ROCK

Offices | Industrial

This solidly constructed, tilt up panel warehouse and office enjoys the advantage of a Western Precinct location.
Ground floor area is 82 sqm including a side office or storeroom. Upstairs is a mezzanine office area of approx. 28sqm . This leads to a substantial balcony. The balcony makes a great place to enjoy a beer and BBQ after a hard days work. 3 metre high roller doors are at both the front and side of the warehouse. To the side is a substantial yard area with full fencing. This is ideal for equipment and vehicle storage. Land area is 154sqm. Leased till June 2014 at $18,000 pa.

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Price: $315,000 + GST    Building: 110m²    Land: 154m²    Occupancy: Vacant

Suburb Summary -

Below you will find the average advertised Sale Price, Rent & Yield for this suburb.

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list on Commercial Property Guide.
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