OFF MARKET

9/43 Sovereign Circuit
Coconut Grove NT 0810

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 84m2
Land area: 256m2
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Property Details for 9/43 Sovereign Cct, Coconut Grove

9/43 Sovereign Cct, Coconut Grove is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1998. The property has a land size of 256m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in July 2012.

Building Type
Unit
Year Built
1998
Floor Size
84m2
Land Size
256m2
Local Government
Darwin
Lot/Plan
Loc 550 Lot 9608/U1998/109

Last Listing description (August 2024)

To view webbook with more property information text 43SOV to 0488 810 057

Discover the charm of living in Coconut Grove with this beautifully appointed 2-bedroom unit. Perfectly suited for professionals, small families, or those seeking a serene retreat, this ground level home combines convenience with comfort. Step inside to find the renovated interior, where each room is enhanced by modern tiling and efficient split system air conditioning.

The heart of the home is a spacious kitchen, boasting extensive bench space and ample storage, ideal for cooking enthusiasts. Bedrooms are a haven of relaxation, each featuring sliding mirror wardrobes that reflect natural light and offer generous storage. The bathroom, recently updated, presents a sleek, contemporary design.
Outside, the large paved patio provides a private oasis for outdoor dining or a quiet morning coffee. With its prime location in a well-maintained complex, this property ensures a lifestyle of ease and accessibility.

Currently tenanted, the apartment offers savvy investors the opportunity to enjoy an instant return, with the option to move in later down the line to make the space their own while making the most of the location.
If you're looking to invest in a lifestyle location with the very best of Coconut Grove within easy reach, organise your inspection to this appealing apartment today.

Features to love:
Ground level unit in a well-maintained complex
Tiled floors and split system air conditioners throughout
Large paved patio
Generously sized bedrooms with built-in sliding mirror wardrobes
Freshly renovated bathroom
Internal laundry
Kitchen with ample bench and storage space

Council Rates: Approx. $1,700 per annum
Area Under Title: 256 square metres
Zoning: LMR (Low-Medium Density Residential)
Status: Tenanted until 13/08/24 at $500 per week
Rental Estimate: Approx. $560 - $580 per week
Body Corporate: Whittles Body Corporate
Body Corporate Levies: approx. $1,183 per quarter
Settlement period: 45 Days or variation on request
Deposit: 10% or variation on request

Property History for 9/43 Sovereign Cct, Coconut Grove, NT 0810

A timeline of how this property has performed in the market
Last Sold
$432,000
12 Jul 2012
Listed for Rent
13 Aug 2023
  • 02 May 2024
    Listed for Sale $375,000
  • 20 Jul 2023
    Listed for Rent $500 / week
  • 06 Sep 2019
    Listed for Rent - Price not available
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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 1,871 properties. Over the last 5 years, Houses in Coconut Grove have seen a 22.88% increase in median value, while Units have seen a 14.26% increase. As at 30 September 2024:

  • The median value for Houses in Coconut Grove is $571,878 while the median value for Units is $319,209.
  • Houses have a median rent of $680 while Units have a median rent of $485.
There are currently 14 properties listed for sale, and 5 properties listed for rent in Coconut grove on OnTheHouse. According to CoreLogic's data, 65 properties were sold in the past 12 months in Coconut grove.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.