OFF MARKET

2/78 Lovegrove Drive
Ciccone NT 0870

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 100m2
Land area: 176m2
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Property Details for 2/78 Lovegrove Dr, Ciccone

Building Type
Commercial
Year Built
1986
Floor Size
100m2
Land Size
176m2
Local Government
Alice Springs
Lot/Plan
Loc 010 Lot 7440/UP 98/031

Last Listing description (August 2019)

If you are tired of paying commercial rents then we have got an outstanding opportunity for you!

This property is situated in an established industrial area with one of Alice Springs busiest take away shops as a neighboring tenant.


Walk into an established shop front that has been set up to cater for display cupboards and serving counter. The fit out could be kept as is or easily altered to suit the new owner.

There are shower and toilet facilities with a large rear workshop with roller door access and rear access through the common driveway. The front doors and windows are all fitted with security screens.

The site totals approximately 176 square metres.

Property History for 2/78 Lovegrove Dr, Ciccone, NT 0870

A timeline of how this property has performed in the market
Last Sold
$165,000
15 Nov 2019
Listed for Rent
30 May 2018
  • 15 Nov 2019
    Sold for $165,000
  • 09 Sep 2019
    Listed for Sale AUCTION !
  • 14 May 2019
    Listed for Sale $179,000 excl GST
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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 537 properties. Over the last 5 years, Houses in Ciccone have seen a -4.52% decrease in median value, while Units have seen a 37.41% increase. As at 31 August 2024:

  • The median value for Houses in Ciccone is $436,109 while the median value for Units is $373,077.
  • Units have a median rent of $380.
There are currently 6 properties listed for sale, and 4 properties listed for rent in Ciccone on OnTheHouse. According to CoreLogic's data, 29 properties were sold in the past 12 months in Ciccone.

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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.