FOR SALE
$335,000

1/18 Athanasiou Road
Coconut Grove NT 0810

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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End Unit with Own Private Courtyard

Discover a fantastic investment opportunity with this beautiful 2-bedroom nestled in seaside suburb Coconut Grove.
Currently leased until March 2025 at $460 per week, this ground-floor unit offers immediate rental income alongside a range of desirable features, including a private courtyard perfect for outdoor relaxation and entertaining.
Inside, the open-plan living area is bright and welcoming. The modern kitchen featuring an island bench, ample storage, and stylish fixtures. Both generously sized bedrooms include sliding built-in wardrobes, maximizing space and functionality, while split system air conditioning ensures comfort all year round.
For privacy and security, the gated porch and communal gated parking with intercom access offer peace of mind. Residents also enjoy access to the complex’s sparkling swimming pool.
Features:
• Leased until March 2025 at $460 per week
• Ground-floor apartment with private courtyard
• Spacious open-plan living, dining, and central kitchen
• Modern kitchen with island bench
• Large bedrooms with built-in wardrobes
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Property Details for 1/18 Athanasiou Rd, Coconut Grove

1/18 Athanasiou Rd, Coconut Grove is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The place is currently for sale with Real Estate Central.

Building Type
Unit

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About Coconut Grove 0810

The size of Coconut Grove is approximately 1.7 square kilometres. It has 8 parks covering nearly 22.6% of total area. The population of Coconut Grove in 2011 was 2,849 people. By 2016 the population was 3,064 showing a population growth of 7.5% in the area during that time. The predominant age group in Coconut Grove is 30-39 years. Households in Coconut Grove are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Coconut Grove work in a professional occupation. In 2011, 37.4% of the homes in Coconut Grove were owner-occupied compared with 37.4% in 2016.

Coconut Grove has 1,865 properties. Over the last 5 years, Houses in Coconut Grove have seen a 50.21% increase in median value, while Units have seen a 25.43% increase. As at 31 October 2024:

  • The median value for Houses in Coconut Grove is $726,530 while the median value for Units is $329,764.
  • Houses have a median rent of $640 while Units have a median rent of $480.
There are currently 12 properties listed for sale, and 10 properties listed for rent in Coconut grove on OnTheHouse. According to CoreLogic's data, 62 properties were sold in the past 12 months in Coconut grove.

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Michael Van De Graaf
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