FOR SALE
$485,000

3/31 Elder Street
Ciccone NT 0870

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Commercial Investment Opportunity

This strata-titled property, currently serving as administration offices for Chubb Security, presents an excellent investment opportunity in a prime location.
Situated in a bustling industrial precinct on Elder Street, this property offers both accessibility and visibility, making it an ideal choice for a self-managed superannuation fund.
- Total building area: 164.5 square metres
- Lease term: expiring June 1, 2025 with further options.
- Monthly rent: $4,781.72 (including GST)
- Body corporate fee: $836 p.q. + annual insurance fee of $1,354.00
- Council rate: $3,377.99 p.a.
- On-site parking available
- Positioned at the front of the complex for easy access
Contact LJ Hooker today for further information.

Property Details for 3/31 Elder St, Ciccone

Building Type
Commercial

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About Ciccone 0870

The size of Ciccone is approximately 2.5 square kilometres. It has 1 park. The population of Ciccone in 2011 was 247 people. By 2016 the population was 252 showing a population growth of 2.0% in the area during that time. The predominant age group in Ciccone is 30-39 years. Households in Ciccone are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Ciccone work in a trades occupation. In 2011, 31.9% of the homes in Ciccone were owner-occupied compared with 28.8% in 2016..

Ciccone has 540 properties. Over the last 5 years, Houses in Ciccone have seen a -3.85% decrease in median value, while Units have seen a 4.06% increase. As at 30 September 2024:

  • The median value for Houses in Ciccone is $469,176 while the median value for Units is $324,188.
  • Units have a median rent of $380.
There are currently 7 properties listed for sale, and 9 properties listed for rent in Ciccone on OnTheHouse. According to CoreLogic's data, 29 properties were sold in the past 12 months in Ciccone.

Suburb Insights for Ciccone 0870

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Sam Linn
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Tabatha Dew
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LJ Hooker Alice Springs
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.