FOR SALE
$1,200,000

9 Coulthard Court
Ciccone NT 0870

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2290m2
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Industrial Complex with Multi-Tenancy Opportunities

This well-equipped industrial complex presents a unique opportunity to acquire a multi-tenancy building, ideal for future expansion or maximizing rental returns. Situated in the sought-after industrial precinct of Ciccone, the property is located on a cul-de-sac off Elder Street, providing excellent access for heavy vehicles.
Property Details:
- Size: 2,290 square metres
- Zoning: Light Industry (LI)
- 7 tenancies
- Gross income approximately $120,000 per annum
- Tenancy 1 – Has recently undergone a refurbishment including, new Lighting, Air Conditioning and repainting.
Currently, the property operates as a multi-tenancy complex with tenants on month-to-month leases, offering flexibility for potential buyers to occupy or negotiate new market rents.
For further details about this property, please contact Sam Linn at 0423337469."

Property Details for 9 Coulthard Ct, Ciccone

Building Type
Commercial
Land Size
2290m2

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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 537 properties. Over the last 5 years, Houses in Ciccone have seen a -4.52% decrease in median value, while Units have seen a 37.41% increase. As at 31 August 2024:

  • The median value for Houses in Ciccone is $436,109 while the median value for Units is $373,077.
  • Units have a median rent of $380.
There are currently 6 properties listed for sale, and 4 properties listed for rent in Ciccone on OnTheHouse. According to CoreLogic's data, 29 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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