FOR SALE
$1,150,000 ex GST

47 Priest Street
Ciccone NT 0870

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1620m2
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Investment Opportunity!

This site offers duel sources of income from a fixed tenant and self storage sheds! The site has been divided into two sections, with the larger portion being leased to a local pet kennels business.
18 Self Storage tenancies are located on the remaining section of the land. These sheds enjoy a high level of occupancy and opportunities for further improvement.
- Land Size – 1,620 Square Metres
- Zoned – Light Industry (LI)
- Easements – No
- Leased to Pawz & Clawz and numerous storers in the self-storage sheds.
This site offers numerous options for future development, utilise partially for an owner occupier, continue leasing the second part, or redevelop the entire site.
Great opportunities are on the horizon for Alice Springs with the future projects in the pipeline.
Call Sam Linn for more information.

Property Details for 47 Priest St, Ciccone

Building Type
Commercial
Land Size
1620m2

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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 539 properties. Over the last 5 years, Houses in Ciccone have seen a 13.57% increase in median value, while Units have seen a 16.88% increase. As at 31 October 2024:

  • The median value for Houses in Ciccone is $462,440 while the median value for Units is $356,973.
  • Units have a median rent of $380.
There are currently 7 properties listed for sale, and 7 properties listed for rent in Ciccone on OnTheHouse. According to CoreLogic's data, 24 properties were sold in the past 12 months in Ciccone.

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Sam Linn
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LJ Hooker Alice Springs
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