3/2 Tang StreetCoconut Grove NT 0810
Property Details for 3/2 Tang St, Coconut Grove
Last Listing description (September 2016)
The subject property is located on the corner of Tang Street and Dickward Drive. The site is also only 2.5 radial kilometres east of the Darwin International Airport Terminal, such a location in other capital cities has attracted a significant amount of blue chip commercial users.
The property is ideally located on the western side of Bagot Road, on the way out of the Darwin CBD to the Northern Suburbs. Both Dickward Drive and Bagot Road are serviced well with bus routes that are frequently travelled.
2 Tang Street is a recently complete commercial development with a great profile to Dickward Drive. The property features 4 tilt panel commercial warehouse units with a one bedroom caretakers apartment on the first level. There are glass double doors and windows to each unit facing Dickward Drive. Each unit also features electric container height roller access at the rear of the building.
Property History for 3/2 Tang St, Coconut Grove, NT 0810
- 10 Feb 2016Listed for Rent $37,800 / year
- 25 Nov 2015Listed for Rent $37,800 / year
- 27 Jul 2015Listed for Rent $37,800 / 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 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.
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