LANDMARK LANDBANK | INCOME + UPSIDE
McGees Property is pleased to offer Sections 4437 and 4439, Winnellie, to the market collectively – two adjoining Light Industry zoned allotments totalling 1.974 hectares, held under separate titles, with dual street frontages, and 12 tenancies.
Section 4437 (5 Menmuir Street) comprises a circa 1979 brick showroom and warehouse of approximately 1,200m² on a 3,340m² allotment, currently leased on a short-term basis. Section 4439 (49 Tannadice Street) carries 11 leased residential dwellings across 16,400m².
Positioned just 6km from Darwin CBD with excellent access to the Stuart Highway, Darwin International Airport and East Arm Port, the combined holding sits within one of Darwin’s premier industrial precincts. Both allotments are held as separate Fee Simple titles, offering a purchaser genuine flexibility to hold, stage or develop the land independently or as a whole, subject to approvals.
Key Features:
-1.974 hectare combined landholding (19,740m² approx.)
- Two adjoining Light Industry (LI) zoned titles
- Dual street frontages – Menmuir Street (79.6m) and Tannadice Street (135.6m)
- Twelve tenancies – 1 commercial + 11 residential
- 100% leased with approx. $225,000 p.a. combined holding income
- Section 4437: approx. 1,200m² showroom and warehouse on 3,340m² site
- Section 4439: eleven residential dwellings on 16,400m² (1.64ha)
- Approx. 6km from Darwin CBD, close to Stuart Highway, Darwin International Airport and East Arm Port
- Significant redevelopment, subdivision and owner-occupier potential, subject to approvals
Contact McGees for further information.
*Areas and measurements are approximate.
*Imagery in this listing includes computer generated rendering and should be used as an indicative conceptual guide only.
