FOR SALE
PRICE GUIDE $290,000

29/15 Fairweather Crescent
Coolalinga NT 0839

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 117m2
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Exceptional Investment Opportunity in Coolalinga: Modern 2-Bedroom Unit with Guaranteed Rental Income

Nestled in the heart of Coolalinga, Northern Territory, 29/15 Fairweather Crescent offers a rare opportunity to invest in a meticulously designed 2-bedroom, 2-bathroom unit with guaranteed monthly rental income. Built in 2015, this property features a total unit size of 117m², providing ample space for comfortable living. The unit boasts an electric cooktop for convenient cooking, and secure parking for one car. This unit presents an exceptional investment opportunity with guaranteed monthly rental income, an option for an additional five years, and impressive monthly returns of nearly 6.5%.
The surrounding amenities enhance the allure of this property. It is adjacent to the Coolalinga Shopping Centre, which accommodates a Coles supermarket and Kmart, providing a variety of shopping options for everyday needs. The shopping centre also features additional retailers, making it a convenient hub for residents. Public transport options are readily available, ensuring easy access to the wider area. For healthcare needs, the Palmerston Regional Hospital is nearby, providing quality medical services to the local community. Additionally, the Coolalinga Rural Activity Centre serves as a hub for agricultural and rural businesses, contributing to the area's vibrant economy. Nature enthusiasts will appreciate the proximity to Litchfield National Park, a stunning natural wonder that offers hiking trails, waterfalls, and wildlife viewing.
Don't miss out on this exceptional chance to secure a lucrative investment in the thriving suburb of Coolalinga. Contact us today to schedule a viewing and learn more about the benefits of owning this remarkable property.
Status: Tenanted
Area Under Title: 117m2
Year Built: 2015
Easements as per title: None Found
Zoning: MR (Medium Density)
Council Rates: $1436 pa
Body Corp: Altitude Management NT
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Property Details for 29/15 Fairweather Cres, Coolalinga

29/15 Fairweather Cres, Coolalinga is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a land size of 117m2. The place is currently for sale with FreedomProperty.com.au.

Building Type
Unit
Land Size
117m2

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About Coolalinga 0839

The size of Coolalinga is approximately 1.1 square kilometres. It has 1 park. The population of Coolalinga in 2011 was 2,042 people. By 2016 the population was 534 showing a population decline of 73.8% in the area during that time. The predominant age group in Coolalinga is 20-29 years. Households in Coolalinga are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Coolalinga work in a trades occupation. In 2011, 79% of the homes in Coolalinga were owner-occupied compared with 26.9% in 2016.

Coolalinga has 324 properties. Over the last 5 years, Houses in Coolalinga have seen a -0.88% decrease in median value, while Units have seen a 13.74% increase. As at 31 October 2024:

  • The median value for Houses in Coolalinga is $506,361 while the median value for Units is $305,716.
  • Houses have a median rent of $322 while Units have a median rent of $460.
There are currently 8 properties listed for sale, and no properties listed for rent in Coolalinga on OnTheHouse. According to CoreLogic's data, 25 properties were sold in the past 12 months in Coolalinga.

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Jacob Reynolds
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Umesh Patel
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