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171 PATERSON STREET Tennant Creek NT 0860
- Shop & Retail
- 1,000 m²
- For Sale, Contact for Price
Exceptional Commercial Investment Opportunity in the Heart of Tennant Creek
To enquire, please email or call 1300 815 051 and enter code 0857
Seize the chance to invest in a prime commercial property perfectly positioned to capitalize on Tennant Creek's booming economy. With the commencement of the Nobel Gold Mine, this Northern Territory town is poised for rapid growth, making now the ideal time to invest in its commercial real estate.
Key Investment Highlights:
Strategic Location: Situated on Paterson Street, this unique boutique semi-redevelopment is positioned to attract both locals and tourists. As the main thoroughfare for travelers from Darwin, the location ensures high visibility and accessibility.
Diverse Retail Space: The property boasts a mix of retail shops, each 75m², fully air-conditioned with glass shop fronts and kitchenette facilities. This includes an airport-style café, a mobile phone service counter catering to tourists and locals, and a delicatessen with self-serve vending machines.
Entertainment and Dining: A 200m² space dedicated to an amusement center is already established. Additionally, there's a retro 50s-themed restaurant complete with a walk-in cool room, bar, male and female toilets, and unique seating arrangements.
Residential and Office Space: The mezzanine level features a fully furnished one-bedroom apartment, perfect for on-site living. Plans for four additional offices on the mezzanine level above the shops ensure ample space for professional use.
Safety and Security: The property offers peace of mind with solid block and steel construction, fire services, disabled access, and on-site caretaker services available 24/7.
Stage One Proposed Developments:
Four mixed-use retail shops
Airport-style café
Mobile phone service counters
Delicatessen with vending machines
200m² amusement center
Restaurant with 50s retro seating
One-bedroom furnished apartment
Fire services and disabled access
Stage Two Future Developments:
Four offices on the mezzanine level
Approved and Ready to Go: Fully approved by the Northern Territory's Department of Planning and Infrastructure, with a recent building permit issued, the redevelopment is ready to begin with most materials already on-site.
Economic Impact of the Nobel Gold Mine:
Projected Output: 65,000 ounces of gold per year
Economic Growth: Expected doubling of the population and significant increase in local business demand
Job Creation: Over 80 new jobs during construction and more than 160 ongoing jobs post-commissioning
This is an unparalleled opportunity to secure a commercial property in a thriving economic environment. The ongoing investment in Tennant Creek's mining industry, highlighted by the $94 million gold processing facility, underlines the long-term potential for substantial returns on your investment.
Act now to position yourself ahead of the curve in Tennant Creek's commercial real estate market. Contact us today to learn more about this exceptional opportunity.
To enquire, please email or call 1300 815 051 and enter code 0857
Property Highlights
Floor Area | 1,000 m² |
---|---|
Land Area | 1,000 m² |
Parking | Ask Agent |
Annual Return | 15% |
Availability | Vacant |
Property ID | 2018332819 |
Category | |
Last updated | 23 Jun 2024 |
Property Highlights
Floor Area | 1,000 m² |
---|---|
Land Area | 1,000 m² |
Parking | Ask Agent |
Annual Return | 15% |
Availability | Vacant |
Property ID | 2018332819 |
Category | |
Last updated | 23 Jun 2024 |