9 Hele CrescentCiccone NT 0870
Property Details for 9 Hele Cres, Ciccone
Last Listing description (June 2024)
This LI (Light Industry) zoned property encompasses 1,216 square metres of prime industrial land just one km from the CBD!
A reshuffle of the original floor plan and a full renovation to the interior has turned this property into a smart and welcoming showroom with accompanying offices and a high-pitched warehouse with seven-metre-high entry and exit roller doors.
Improvements to the showroom and offices include new insulated ceilings, new flooring, 4 x split system air conditioners, new lighting, and electric security roller shutters to every exterior window. The expansive showroom could also serve as training rooms or an artist’s gallery.
The 375 sqm warehouse has an additional 72 sqm mezzanine storage area, perfect when lack of space can be an issue.
There is an opportunity perhaps for two independent leases or occupy the whole of property yourself! The options are endless. With a rental income potential of $82,000 - $84,000 + GST per annum, the rental return would be close to 10% per annum.
The fully enclosed industrial yard covers an area of 330 sqm with secure gates and security cameras.
The construction is solid brick and steel, and structures are fully certified. With plenty of off-street parking, loading and customer parking it will meet requirements well into the future.
Property History for 9 Hele Cres, Ciccone, NT 0870
- 16 Mar 2022Sold for $830,000
- 20 May 2020Sold for $670,000
- 06 Jan 2016Listed for Sale Offers Over $850,000
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0About 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 539 properties. Over the last 5 years, Houses in Ciccone have seen a 13.57% increase in median value, while Units have seen a 16.88% increase. As at 31 October 2024:
- The median value for Houses in Ciccone is $462,440 while the median value for Units is $356,973.
- Units have a median rent of $380.
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