1 Tietkens AvenueBraitling NT 0870
Property Details for 1 Tietkens Ave, Braitling
1 Tietkens Ave, Braitling is a 3 bedroom, 3 bathroom Unit with 6 parking spaces and was built in 1960. The property has a land size of 1060m2 and floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in November 2021.
Last Listing description (June 2024)
Three, one-bedroom units - so many options: live in one and collect the rental on the other two units or rent them all out and reap the income rewards!
The property is positioned on a spacious corner allotment on the corner of Tietkens Avenue and Priest Street. The location is convenient to the local IGA, the butcher shop and convenience stores in the Hearne Place shopping centre. Priest Street is on the Braitling school bus route and is close to the Head Street sporting venues.
The property will be sold collectively as the three units are not strata titled. Units 1 and 2 are currently leased for a total of $565.00 per week with leases ending in March and April 2022. Unit 3 is vacant.
Built in 1963 of solid brick construction the units have stood the test of time but are showing signs of general wear and tear. The retro 60’s appeal is definitely there, just waiting for a polish up! This is a terrific opportunity to buy into an income stream while attending to upgrades as time and inclination permits.
Units 1 and 2 are of similar style while unit 3 displays more use of timber, noticeably in the ceilings, exposed beams and solid timber cabinetry. Split system air conditioning, vertical blinds and ceramic floor tiling feature throughout. The bullnose front awnings are a neighbourhood landmark.
Each unit has privacy fencing and plenty of yard space for individual off street parking. Unit 3 has a bonus 24 sq metre, high gabled, drive through, steel workshop with convenient street access off Priest Street. It comes complete with separate switchboard but not currently connected to the mains. For convenience the shed has its own ablutions with shower and toilet.
The property will be sold on an as is where is basis.
This is a terrific opportunity to buy into an income stream in a sought-after part of Alice.
Council Rates: $5,195.04 p.a.
- Units 1 & 2 currently leased, unit 3 is vacant
- Potential to upgrade, extend and renovate
- Large corner allotment, individually fenced
- U3 has 24sqm workshop, street access, ablutions
- Selling As Is Where Is - Buy an income stream!
Property History for 1 Tietkens Ave, Braitling, NT 0870
- 13 May 2023Listed for Sale Sold
- 19 Nov 2021Sold for $495,000
- 31 Aug 2021Listed for Sale $495,000
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0About Braitling 0870
The size of Braitling is approximately 4.5 square kilometres. It has 12 parks covering nearly 2.8% of total area. The population of Braitling in 2011 was 3,179 people. By 2016 the population was 3,158 showing a population decline of 0.7% in the area during that time. The predominant age group in Braitling is 50-59 years. Households in Braitling are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Braitling work in a professional occupation. In 2011, 66.2% of the homes in Braitling were owner-occupied compared with 61.9% in 2016.
Braitling has 1,320 properties. Over the last 5 years, Houses in Braitling have seen a 5.18% increase in median value, while Units have seen a -21.89% decrease. As at 30 September 2024:
- The median value for Houses in Braitling is $455,930 while the median value for Units is $274,310.
- Houses have a median rent of $580 while Units have a median rent of $420.
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