OFF MARKET

42 Elder Street
Ciccone NT 0870

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 3410m2
Land area: 3410m2
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Property Details for 42 Elder St, Ciccone

Building Type
Commercial
Floor Size
3410m2
Land Size
3410m2
Local Government
Alice Springs
Lot/Plan
Loc 010 Lot 4450/S 72/166A

Last Listing description (June 2023)

Presenting a fantastic opportunity to acquire a significant freestanding building located in the heart of the highly sought-after Elder Street Industrial Precinct. On a sizeable allotment, the equally impressive sized building offers potential to suit a range of operations and is surrounded by many established business in this bustling industrial area.

- Land Size – 3,410 square metres

- No easements
- Shed Size – Approximately 1,200 square metres
- Office building at the front
- Drive around access
- High fencing
- High set ceiling inside the shed
- Cool rooms

If you are looking for a site for future development or to hold as an investment, look no further. The site is currently leased until December 2026.

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Property History for 42 Elder St, Ciccone, NT 0870

A timeline of how this property has performed in the market
Last Sold
$1,575,000
16 Sep 2022
Listed for Rent
$240/w
20 Dec 2021
  • 16 Sep 2022
    Sold for $1,575,000
  • 25 Jun 2022
    Listed for Sale Offers Invited
  • 04 Jun 2021
    Listed for Rent $150,000 / month
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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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