A rare freehold warehouse site in this tightly held location.
Midway between our 2 major population centres - Darwin and Palmerston.
Located just moments from the Stuart Highway and the busy Berrimah Road.
Also close to the new North Crest residential development.
The property offers the following -
* 2520sqm land
* 36m frontage to Pruen Road
* Land dimensions 36m wide x 70m deep
* Main warehouse totals 333sqm
* Includes office and amenities of 41sqm
* 3 x roller doors for access
* Second smaller store shed of 42sqm
* Securely fenced yard
* Substantial rear portion ideal for extra development at some future time
The property is currently let from February 2018 on a 2 + 2 + 2 lease, with a net return at around 5.5% of the asking price.