OFF MARKET

36 Craig Crescent
Coconut Grove NT 0810

Bedrooms: 3
Bathrooms: 2
Car spaces: 4
Floor area: 144m2
Land area: 883m2
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Property Details for 36 Craig Cres, Coconut Grove

36 Craig Cres, Coconut Grove is a 3 bedroom, 2 bathroom House with 4 parking spaces and was built in 1980. The property has a land size of 883m2 and floor size of 144m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
House
Year Built
1980
Floor Size
144m2
Land Size
883m2
Local Government
Darwin
Lot/Plan
Loc 550 Lot 7689/S 77/025

Last Listing description (August 2021)

Text '36CRA' to 0472 880 252 for all property information.

Once in a blue moon opportunity to purchase a unique home with two separate free-standing dwellings under one title. The property is fully fenced easement free allotment of 862sqm with a well-manicured and low maintenance reticulated garden. It consists of a large open plan 3 bedrooms family home which also boast a separate self-contained 2 bedrooms unit with its own private courtyard, driveway and secured gate.
Offering a rare opportunity to owner occupiers to rent out the unit for extra income or be utilised as a home business/office, teenagers retreat or a guest house for the visiting family.

For the savvy investors, take note, you will be able to capitalise of the current Darwin rental market with less than 1% vacancy rate and lease out both properties to earn an attractive rental yield. The current gross weekly income of both properties is $885 per week and can achieve a higher rental with the current market conditions.
The options are endless what you can achieve on both properties and is limited by your imagination.

What we love about this property and its features:

Main home:
- Large open plan living and dining areas
- Modern kitchen features a brand-new oven with gas cook top, tiled splash back, rangehood, sleek white cabinetry with plenty of cupboards and abundant of bench space
- Three great sized bedrooms with built in robes, walk in robe to master with en-suite
- Great sized main bathroom with separate bath and shower
- Separate private office/study room
- Internal laundry with plenty of space
- Ceramic floor tiles and air-conditioning throughout
- Solar hot water
- Two huge outdoor undercover verandahs that overlook the landscaped and well-manicured gardens
- The gorgeous garden features pebble stone pathways leading to the separate residence
- Large garden shed
- Plenty of under-covered car space for up to 4 cars

Unit:
- Huge open plan living and separate dining room
- Spacious kitchen with plenty of cupboards and bench space
- Centrally located tiled bathroom
- Two great sized bedrooms with built in robes and air conditioning
- Own separate entry gate with front court yard .
- Plenty of car space for up to 3 cars

Location:
High-end modern living without the maintenance hassles and centrally located to all of the amenity of Nightcliff, this fabulous executive home absolutely fits everyone.
You'll also love this boutique residential estate that is ideally situated between Fannie Bay and Nightcliff.

Door step to Nightcliff shopping centre and close to all amenities and public transport. Walking distance to the famous Nightcliff and Rapid Creek weekend markets and Casuarina foreshore beaches. Close by are quality public (primary, middle & high) and private schools and Charles Darwin University. Also, conveniently located for a short 15 minutes commute to Darwin CBD and 10 minutes to Casuarina shopping centre and Darwin International airport, what else could you ask for?
Call the agent now to book for an inspection!

Council Rates: Approx. $1,620 per annum
Area Under Title: 862 square metres
Year Built: 1984
Zoning: LR (Low Density Residential)
Status Main House: Tenanted until 23 September 2021 at $535 pw
Status Unit: Tenanted until 25 November 2021 at $350 pw
Rental appraisal: Available on webbook
Pest and Building Reports: Available on webbook
Settlement period: 30 days or variation on request
Deposit: 10% or variation on request
Easements as per title: None Found

Property History for 36 Craig Cres, Coconut Grove, NT 0810

A timeline of how this property has performed in the market
Last Sold
$755,000
21 Sep 2021
Listed for Rent
$460/w
04 Dec 2010
  • 21 Sep 2021
    Sold for $755,000
  • 02 Jul 2021
    Listed for Sale Contact Agent
  • 05 Jul 2019
    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, 60 properties were sold in the past 12 months in Coconut grove.

Suburb Insights for Coconut Grove 0810

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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.