FOR SALE
Under Contract

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 1,872 properties. Over the last 5 years, Houses in Coconut Grove have seen a 35.02% increase in median value, while Units have seen a 23.91% increase. As at 30 November 2024:

  • The median value for Houses in Coconut Grove is $629,138 while the median value for Units is $323,398.
  • Houses have a median rent of $580 while Units have a median rent of $480.
There are currently 9 properties listed for sale, and 5 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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