2/12 Travers Street Coconut Grove NT 0810

Located in the heart of the Coconut Grove Light Industry and commercial area.
Without doubt, one of the best locations for an investment, or, for your own business available in Darwin. Centrally located with easy access to Darwin, approximately 6 Km away, and to the Northern suburbs
Unit 2/12 Travers Street is a strata titled industrial unit in a duplex of units. The unit is currently partitioned into 2 tenancies.
The front tenancy is occupied by a security company and disposed as 2 airconditioned offices, bathroom facilities and an open plan warehouse.
The rear area is a long standing mechanical repair workshop, incorporating a warehouse and staff facilities.
The warehouse has a clearance of about 4.5 metres. The building is steel framed, with a concrete floor and with metal clad external walls and roof. Each unit has a roller door access and a big sliding door access, and the front tenancy has an office access from Travers Street.
As a duplex, the body corporate situation is very simple and affordable with the insurance and PAWA costs shared.
This property allows you to enter into the Commercial market in a superior location in terms of access and visibility and at the bottom of the price range.
The existing tenancies are short term in nature. The front lease expires in August 2025 at a rental of $20,800 pa. Tenancy 2 expires in January 2025 at a rental of $20,800 pa. The tenants have both indicated they would like to stay on.
If this sounds like something you could consider please contact me for an inspection and with any queries you may have.

The Phone Code for this property is: 67006. Please quote this number when phoning or texting.

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