OFF MARKET

2 Craig Crescent
Coconut Grove NT 0810

Bedrooms: 13
Bathrooms: 6
Car spaces: 6
Land area: 784m2
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Property Details for 2 Craig Cres, Coconut Grove

2 Craig Cres, Coconut Grove is a 13 bedroom, 6 bathroom Unit with 6 parking spaces and was built in 1982. The property has a land size of 784m2. While the property is not currently for sale or for rent, it was last sold in September 2003.

Building Type
Unit
Year Built
1982
Land Size
784m2
Local Government
Darwin
Lot/Plan
Loc 550 Lot 9710/LTO99/126

Last Listing description (August 2019)

Text '2CRA' to 0488 810 057 for all property information.
Three fantastic apartments all under one title set conveniently in beautiful Coconut Grove, close to all amenities and public transport giving the opportunity to earn an income from your home. Set over 2 floors, all with their own private outdoor spaces, these three apartments offer quite a unique investment for the savvy buyer.

Upstairs has master apartment with 5 bedrooms 2 bathrooms
Fantastic kitchen with loads of storage space, separate cooktop and built-in oven and a super functional design
Huge living/dining area with pitched ceilings making for excellent airflow
Large outdoor balcony surrounded by trees, perfect for relaxing
Downstairs are 2 mirrored 2-bedroom apartments
Open plan Kitchen/Living/Dining rooms have built-in island bench and large glass doors to outside, brightening everything
Directly opposite the supermarket and close to restaurants with public transport going right past the door perfect for renters
Suited to short term Airbnb accommodation for excellent returns
Some furniture included in sale
Make the investment of a lifetime with these three great apartments located right at the juncture of Nightcliff and Coconut Grove with easy access to the markets and other shopping and only minutes from the city centre. This is an opportunity not to be missed!
Whether you choose to live in or rent out the top floor, it s a fantastic apartment with heaps of room. There are 5 separate bedrooms, 2 with access to the balcony, able to be utilised as they are or turned into a home office or alternate living space.
Massive open living space allows for huge family get togethers without being on top of each other. The outdoor balcony will have you whiling away the evening hours in style, still feeling the beating heart of the city only seconds away.
Downstairs the apartments offer huge earning potential with their prime location, convenience and functionality. Undercover outdoor areas fringed by mulched garden beds are easy to maintain and user-friendly.
This triple-header is a great opportunity to make the real estate market work for you. Call us to arrange your viewing appointment.
Council Rates: Approx. 4,380 per annum
Area Under Title: 784m2
Zoning: MD (Multiple Dwelling)
Status: Vacant Possession
Vendors Conveyancer: Aquarius Conveyancing
Building Report: Available on request
Pest Report: Available on request
Settlement period: 30 days
Deposit: 10% or variation on request
Easements as per title: none found

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Property History for 2 Craig Cres, Coconut Grove, NT 0810

A timeline of how this property has performed in the market
Last Sold
$470,000
16 Sep 2003
Listed for Rent
$700/w
17 Oct 2016
  • 25 Oct 2018
    Listed for Sale $730,000
  • 12 May 2018
    Listed for Sale Offers Over $1,375,000
  • 26 Sep 2016
    Listed for Rent - Price not available
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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 50.21% increase in median value, while Units have seen a 25.43% increase. As at 31 October 2024:

  • The median value for Houses in Coconut Grove is $726,530 while the median value for Units is $329,764.
  • Houses have a median rent of $640 while Units have a median rent of $480.
There are currently 12 properties listed for sale, and 10 properties listed for rent in Coconut grove on OnTheHouse. According to CoreLogic's data, 62 properties were sold in the past 12 months in Coconut grove.

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