16 Dawson Street, East Arm, NT 0822

Industrial

For Sale Contact Agent

  • Property ID: 333647
  • Floor Area: 14410m²
  • Land Area: 39900m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Fibre to the premises (FTTP)
  • Cafes: 20+ nearby
AUSTRALIA’S SOUTHERN CROSS PORTFOLIO – 5 ASSETS IN 4 STATES

For Sale
16 Dawson Street, East Arm, NT, Australia
JLL are pleased to offer the opportunity to acquire 16 Dawson Street, East Arm, NT as part of The Southern Cross Portfolio.
The property provides a high quality facility and strong tenant covenant to nationally recognised Northline with a WALE of 7.9 years (as at Sept 2019). Comprising a large facility utilised for transport purposes, includes modern warehouses with central breezeway and office accommodation. Additionally the site benefits from surplus hardstand area of 8,265sqm* and full drive around capability.
Key investment highlights include:
- Fully leased to national transport tenant Northline
- 14,410sqm of office and warehouse improvements
- Significant site of 4.0* hectares
- Long secure lease term with a 7.9 year WALE (as at Sept-19)
- Fixed annual rental increases of 3.0%
- Rental income of $2,443,013* p.a. net (as at 29 Aug 2019)
- Provides large warehouse areas with a central breezeway, office component and large hardstand areas capable of facilitating multi-tenant occupation
- Modern (2015) improvements completed by Vaughan Constructions, a Tier 1 national industrial builder
- Large surplus hardstand component of 8,265sqm*
- Located within an area with history of high tenant retention
- Strategically located within Darwin Business Park which historically has strong take up of available land and is home to major logistics users such as Toll, TNT, Qube and Metcash
- The asset provides convenient access to complementary services including major arterial Stuart Highway, North Shell Island (Darwin’s main industrial freighting port) and Darwin Passenger Railway
- Low site coverage ratio of 36% provides future development upside
- Strategic location for Northline having established their business based on this route over 30 years ago
- Approved route for road trains and B-quads, together with B-triples and B-doubles
*approx.

East Arm Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $2146 --- ---
Industrial $1981 $152 7.67%
This is the average advertised price, rent and yield for East Arm, NT 0822*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Cafes - Number of cafes located within 500 metres of 16 Dawson Street, East Arm, NT 0822. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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