10/150 Dick Ward Dr, Coconut Grove is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1982. The property has a land size of 77m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in March 2023.
This bright three bedroom apartment offers enormous potential in a prime Coconut Grove location. Add significant value to the apartment with a designer renovation, or simply move in and enjoy easy modern living with neat and tidy low maintenance interiors and appointments throughout. Set in a first-floor position the apartment is close to Nightcliff Shopping Centre and Nightcliff Sunday Markets, and a nearby bike path leads straight to the spectacular Nightcliff foreshore.
Bright, open-plan living/dining area presented in neutral contemporary tones
Updated kitchen with modern subway tiling, overhead cabinetry and shelving
Investors note the strong rental demand and high returns on offer in his popular Coconut Grove location on the edge of Nightcliff rental appraisal for this property is $380-$400 /week.
Owner occupiers and DIY renovators make a few easy upgrades to create an executive residence in a convenient coastal setting.
Take the external staircase up to the covered front verandah and enter through a glass sliding door and into the main open-plan living/dining area.
The floor tiles have already been upgraded to modern white, and the space captures excellent natural light to suit your contemporary interior design.
The adjoining kitchen has been updated with modern cabinetry and an under-bench oven, or take it to the next level with a full designer upgrade.
There's also plenty of opportunity to add value with a modern renovation of the main bathroom with combined laundry, and there are built-in robes to the master and third bedrooms.
The second bedroom could be used as a home office or guest room, and the third bedroom features external access to the front verandah.
Split-system air conditioning units to the living/dining area and all three bedrooms ensure your comfort, and parking is provided for one car.
Act fast to secure this high-potential Coconut Grove apartment
The size of Coconut Grove is approximately 1.7 square kilometres. It has 8 parks covering nearly 22.6% of total area. The population of Coconut Grove in 2011 was 2,849 people. By 2016 the population was 3,064 showing a population growth of 7.5% in the area during that time. The predominant age group in Coconut Grove is 30-39 years. Households in Coconut Grove are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Coconut Grove work in a professional occupation. In 2011, 37.4% of the homes in Coconut Grove were owner-occupied compared with 37.4% in 2016.
Coconut Grove has 1,864 properties. Over the last 5 years, Houses in Coconut Grove have seen a 50.21% increase in median value, while Units have seen a 25.43% increase. As at 31 October 2024:
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