<p>The East Arm Industrial Precinct is one of <strong>Darwin's most strategically significant industrial hubs</strong>, offering unparalleled connectivity and infrastructure that supports logistics, manufacturing, and export operations.</p> <p>Its proximity to the Port of Darwin — Australia's only deep-water port between Townsville and Fremantle — ensures seamless access to national and international shipping routes. The precinct is well-integrated with major arterial roads including Tiger Brennan Drive and the Stuart Highway, providing direct access to Darwin's city rail terminal and broader Northern Territory transport network.</p> <p>East Arm benefits from being part of a well-established and government-backed industrial growth zone, with neighboring businesses including major logistics providers, fuel storage facilities, and large-scale warehousing operations. The area's purpose-built infrastructure supports heavy industry, with large block sizes, wide access roads, and proximity to key utilities.</p>

<p class="mb-4"><strong>Grace</strong> occupies the front tenancy with a leased area of 1,160m². Their current lease commenced 1 February 2013 and is in its second option term expiring 31 January 2026, with one further 5-year option available. Grace pays a current rent of $132,450.36 plus GST per annum with annual CPI reviews and a market rent review on exercise of option. Their outgoings responsibility includes 72% of water, electricity and rates.</p><p class="mb-4">Few Australian companies can trace their roots back as far as Grace Group. A legacy of the iconic Grace Bros retail and home services empire founded in 1885, Grace has evolved to become Australia’s leading provider of integrated asset moving and information management solutions.</p><p class="mb-4">Grace have been operating from the property since 2013.</p><p class="mb-4">https://www.grace.com.au/</p><p class="mb-4"></p><p class="mb-4">The <strong>Northern Territory Government</strong> occupies the rear 400.7m² tenancy operating as a climate-controlled records management facility. Their 10+5 year lease commenced 12 March 2022 with the current term expiring 11 March 2027 with no further options. The NT Government pays $195,844.53 plus GST per annum on a gross lease with annual CPI reviews. Their lease includes specific air conditioning requirements where the lessor must ensure air conditioning runs continuously, with the lessee paying the electricity costs.</p><p class="mb-4">Government covenant - great tenant</p>

<p>The property offers a <strong>robust financial profile</strong> with 100% occupancy across its 1,560.7m² lettable area, generating a total passing income of $328,294.89 plus GST per annum.</p> <p>After accounting for non-recoverable outgoings of $31,101.01, the net passing income is <strong>$312,377.39 plus GST annually</strong>. The property achieves an attractive average gross rent rate of $210.35/m².</p> <p>Recoverable outgoings for FY 24-25 amount to $30,662.52, with Grace contributing 72% of water, electricity and council rates outgoings, while the NT Government contributes 28% of electricity charges. Non-recoverable outgoings include building insurance ($10,000), statutory outgoings ($3,838.78), and fire protection ($2,078.72).</p> <p>With a sale price of $3,500,000 (excluding GST) and a Unimproved Capital Value of $890,000, this property represents an attractive investment with secure income from government and established commercial tenants.</p>

<p class="mb-4">Balance deposit to 5% on unconditional</p>

<p class="mb-4">Subject Property: $200/sqm net</p>

Download Write Up PDF