Knight Frank NT is pleased to offer to the market this exceptional quality, tenanted investment property in the growth area of Berrimah, Berrimah Business Park.
With a strategic position just off the Stuart Highway, and perfectly positioned between Darwin and Palmerston CBD's and only 13min* to Darwin CBD and 8min* to Darwin International Airport, this property is perfectly located for the future growth of Darwin.
The Berrimah area is now home to numerous household names including Harvey Norman, JB Hi-Fi, Amart Furniture, Petstock, BBQ's Galore, Joyce Mayne and many more.
Constructed in 2021, this property would be an excellent addition to any investor's portfolio. The property itself sits on a prominent corner site of 2,440sqm, with a 966sqm* office and warehouse. It is occupied by SAGE Group, a global organisation with a long-term presence in the Northern Territory. The current lease expires in Nov 2031 and the tenant has 2 x 5 year options.
The property enjoys easy connection to the Stuart Highway, Amy Johnson Avenue (via Castillon Road) and Tiger Brennan Drive towards East Arm.
Now is the time to invest in the Northern Territory: The new Charles Darwin University is set to open later this year, over $8 Billion in future defence spending confirmed, Darwin's new ship lift is under construction, Santos is underway with the latest expansion of their LNG project and Darwin's Middle Arm precinct is a step closer to becoming a reality. Darwin is primed for growth.
Contact agents for more information.
*Approx.