OFF MARKET

2/5 Tang Street
Coconut Grove NT 0810

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 334m2
Land area: 1266m2
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Property Details for 2/5 Tang St, Coconut Grove

Building Type
Commercial
Floor Size
334m2
Land Size
1266m2
Local Government
Darwin
Lot/Plan
Loc 550 Lot 8911/S 81/147

Last Listing description (January 2023)

Coconut Grove is ideally located to service the northern suburbs. This location also offers great access north to Casuarina, south via Bagot Road to the Darwin CBD, and east down the Stuart Highway to Palmerston.

The property is also located close to the Darwin International Airport which is on the other side of Bagot Road.

The subject property is a metal clad office warehouse duplex unit with a total building area of 295sqm. It features 245sqm of warehouse area with sliding doors at the front and rear of the building. There is a toilet and shower located at the back of the warehouse area.

There is also approximately 50sqm of air-conditioned office at the front of the building including toilets, shower and a kitchenette area. The office features a reception area and separate office

There is an 80sqm awning at the rear of the building ideal for wet weather loading and fenced storage area of 191sqm. The total site is 664sqm with parking for 5 cars at the front of the building.

For more information, please contact Ryan Doyle 0405 192 389 or Lee Doyle 0403 348 243 at North Commercial NT.

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Property History for 2/5 Tang St, Coconut Grove, NT 0810

A timeline of how this property has performed in the market
Last Sold
$925,000
20 Feb 2020
Listed for Rent
$8.28k/w
21 Nov 2022
  • 15 Feb 2022
    Listed for Rent $36,000 / month
  • 20 Feb 2020
    Sold for $925,000
  • 14 Mar 2017
    Listed for Rent $38,200 / year
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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 1,865 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, 66 properties were sold in the past 12 months in Coconut grove.

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