OFF MARKET

2/12 Totem Road
Coconut Grove NT 0810

Bedrooms: -
Bathrooms: -
Car spaces: 7
Floor area: 168m2
Land area: 672m2
Improve this data
We do not have enough data to display the calculated estimate for this property.
Share
Save

Property Details for 2/12 Totem Rd, Coconut Grove

Building Type
Commercial
Floor Size
168m2
Land Size
672m2
Local Government
Darwin
Lot/Plan
Loc 550 Lot 8728/UP 96/071

Last Listing description (October 2013)

Great tenanted investment - Totem Road
Totem Road is a major link road between Bagot Road and Dickward Drive in Coconut Grove, as a result of this Totem Road experiences a large volume of traffic. Only minutes from Darwin International Airport and only a couple of hundred metres from the new Bunnings superstore which has been built on the fringe of the Airport land.
The Coconut Grove industrial precinct is highly desired by a range of business due to the fact that there is a limited amount of industrial areas within a close proximity to Darwin???s Northern Suburbs. This precinct is also sought after as it is close to a significant population catchment and people like to be able to work close to home.

The subject property features 168sqm of fully renovated air-conditioned showroom area with tiles, a toilet and shower, the tenancy features excellent exposure facing Totem Road. The external of the building has been rendered and painted. There is ample customer parking at the front of the unit that makes it ideal for a showroom use.
The total site area is 672 square metres with 153 square metres of functional metal clad warehouse storage as a freestanding building at the rear accessed via a sliding door.
The front showroom tenancy is returning $39,000 net + GST p.a. with the potential to increase the income by leasing out the back warehouse.
For more information please contact Ryan Doyle 0405 192 389 or Lee Doyle 0403 348 243 at First National Commercial.

Show More

Property History for 2/12 Totem Rd, Coconut Grove, NT 0810

A timeline of how this property has performed in the market
Last Sold
$800,000
20 Oct 2021
Listed for Rent
08 Jun 2013
  • 20 Oct 2021
    Sold for $800,000
  • 11 Nov 2013
    Sold for $880,000
  • 13 Sep 2013
    Listed for Sale BY NEGOATIATION
Sign in to see more transactions

Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

About Coconut Grove 0810

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 22.88% increase in median value, while Units have seen a 14.26% increase. As at 30 September 2024:

  • The median value for Houses in Coconut Grove is $571,878 while the median value for Units is $319,209.
  • Houses have a median rent of $680 while Units have a median rent of $485.
There are currently 11 properties listed for sale, and 6 properties listed for rent in Coconut grove on OnTheHouse. According to CoreLogic's data, 65 properties were sold in the past 12 months in Coconut grove.

Coconut Grove Profile Page

Suburb Insights for Coconut Grove 0810

Visit Coconut Grove profile page
Market Insights
Coconut Grove Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Coconut Grove Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Coconut Grove profile page
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED