FOR SALE
Offers over 380,000

118/15 Musgrave Crescent
Coconut Grove NT 0810

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Land area: 100m2
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Modern 2-Bedroom Gem with Resort Amenities & High Returns

Welcome to Unit 118, a modern 2-bedroom, 2-bathroom gem in the heart of Coconut Grove. Built in 2015, this fully furnished property offers both comfort and convenience, making it perfect for owner-occupiers seeking low-maintenance living or investors looking for a solid return.
Inside, the unit features an open-plan layout, allowing for comfortable living and entertaining. Both spacious bedrooms come with ensuites, built-in robes, and air conditioning for year-round comfort. The large balcony provides a relaxed, tropical outlook, ideal for unwinding or hosting guests.
The secure complex includes premium amenities, such as a swimming pool and community room, all designed for a resort-style experience. With two car spaces and an additional secured storage room, this unit offers all the essentials for a functional, easy-care lifestyle.
Property Highlights:
• Flexible for owner-occupiers or investors
• Spacious 2 bedrooms, each with its own ensuite
• Open-plan living with built-in robes and air conditioning
• Double carport and additional storage room
• Resort-style amenities: swimming pool and gym within the complex
• Secure complex offering peace of mind
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Property Details for 118/15 Musgrave Cres, Coconut Grove

118/15 Musgrave Cres, Coconut Grove is a 2 bedroom, 2 bathroom Apartment with 2 parking spaces. The property has a land size of 100m2. The place is currently for sale with LAND & LEASE REALTY DARWIN PTY LTD.

Building Type
Apartment
Land Size
100m2

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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 1,866 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 13 properties listed for sale, and 11 properties listed for rent in Coconut grove on OnTheHouse. According to CoreLogic's data, 63 properties were sold in the past 12 months in Coconut grove.

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Estiaque Hossain
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Bhawani Paudyal
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LAND & LEASE REALTY DARWIN PTY LTD
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