SOLD
Sold on 29 Feb 2024 for $735,000

2/23 Elder Street
Ciccone NT 0870

Bedrooms: -
Bathrooms: -
Car spaces: 5
Land area: 589m2
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Property Details for 2/23 Elder St, Ciccone

Building Type
Commercial
Land Size
589m2
Local Government
Alice Springs
Lot/Plan
Loc 010 Lot 8628/LTO96/002

Last Listing description (March 2024)

Discover this great opportunity awaiting you at 2/23 Elder St Ciccone. This commercial property offers everything you need to expand your business or start a new venture. With neat street appeal and proximity to established local businesses, this property presents a desirable location for success.

The property offers parking at the front, ensuring convenience for your customers and clients. As you step inside, you'll see an entrance/foyer, that could be transformed into a welcoming entrance to your establishment. The foyer is flanked by offices, providing space for administrative tasks, meetings, or private consultations. To the right of the entrance, you'll find a compact yet functional kitchen area, perfect for taking breaks or preparing refreshments for staff or clients. There are also two well-appointed toilets.

Moving through the property, you'll discover the expansive warehouse shed area, offering plenty of room for your business operations and storage needs. The large space is complemented by three swampy units, ensuring a cool and comfortable working environment during the summer months, even in the intense heat of the Australian outback.

One of the remarkable features of this property is the ability to section off a portion of the shed for a potential second tenancy. This versatile option allows you to generate additional revenue while utilizing the remaining space for your own needs. This presents an appealing opportunity for those seeking both business expansion and an extra income stream.

The property also includes a kitchen area, with essential equipment already in place. While some specific items will be taken by the current tenant, the basics, including a commercial-quality range hood/extractor and a grease trap, will remain. Two stainless steel kitchen benches with sinks and a handwashing basin complete the space, offering functionality for any culinary requirements.

Nothing has been overlooked in terms of practicality and security. The property is equipped with 3 3-phase power, ensuring reliability and ample power supply for a wide range of business needs. The secure fencing provides peace of mind, knowing that your investment is well-protected. Additionally, a concrete rear courtyard offers space for outdoor activities or storage, further enhancing the versatility and utility of the property.

Investing in 2/23 Elder St Ciccone means investing in the potential for growth, success, and profit. Whether you're a business owner looking to expand or an entrepreneur seeking a prime location for your next venture, this exceptional property offers a range of possibilities. Don't miss out on this opportunity to secure a property that perfectly matches your business aspirations and ambitions. Enquire now and make your dreams a reality.

Overview:
* Excellent street appeal
* Neighbors to established local businesses
* Ample parking at the front
* Large driveway with rear secure yard and roller door vehicle access
* Spacious entrance/foyer with office spaces
* Kitchen area and two toilets
* Option to divide space for a second tenancy
* Three swampy units for cooling in summer
* 3 Phase Power
* Secure fencing
* Concrete rear courtyard for outdoor activities or storage.

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Property History for 2/23 Elder St, Ciccone, NT 0870

A timeline of how this property has performed in the market
Last Sold
$735,000
29 Feb 2024
  • 29 Feb 2024
    Sold for $735,000
  • 20 Nov 2023
    Listed for Sale $735,000 (+ GST If Applicable)
  • 06 Jul 2004
    Sold for $253,000
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About Ciccone 0870

The size of Ciccone is approximately 2.5 square kilometres. It has 1 park. The population of Ciccone in 2011 was 247 people. By 2016 the population was 252 showing a population growth of 2.0% in the area during that time. The predominant age group in Ciccone is 30-39 years. Households in Ciccone are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Ciccone work in a trades occupation. In 2011, 31.9% of the homes in Ciccone were owner-occupied compared with 28.8% in 2016..

Ciccone has 541 properties. Over the last 5 years, Houses in Ciccone have seen a 7.39% increase in median value, while Units have seen a 11.49% increase. As at 30 November 2024:

  • The median value for Houses in Ciccone is $438,251 while the median value for Units is $342,665.
  • Units have a median rent of $380.
There are currently 6 properties listed for sale, and 7 properties listed for rent in Ciccone on OnTheHouse. According to CoreLogic's data, 18 properties were sold in the past 12 months in Ciccone.

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