OFF MARKET

4/1 Ostermann Street
Coconut Grove NT 0810

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 68m2
Land area: 188m2
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Property Details for 4/1 Ostermann St, Coconut Grove

4/1 Ostermann St, Coconut Grove is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1983. The property has a land size of 188m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in November 2019.

Building Type
House
Year Built
1983
Floor Size
68m2
Land Size
188m2
Local Government
Darwin
Lot/Plan
Loc 550 Lot 9003/LTO82/067

Last Listing description (November 2019)

Text '1OST' to 0488 810 057 for all property information.

This charming ground-floor villa will impress with soaring ceilings to the large open-plan living/dining area and abundant natural light throughout. Theres plenty of opportunity to add your personal touch with a few easy modern upgrades, and alfresco entertaining is a breeze in the large, low-maintenance wrap-around courtyard. Also note this prime Coconut Grove location with Nightcliff Beach and foreshore a short stroll from your doorstep, and schools, shops and public transport all within easy reach.


- Two-bedroom, one-bathroom, ground-floor villa
- Solid brick-and-tile construction you can trust
- Soaring pitched ceilings with atrium-style windows
- Modern floating floor to open-plan living/dining area
- Generous kitchen with stunning live-edge bench top
- Massive patio with shade sail in wrap-around courtyard
- Built-in robe to master bed; walk-in robe to second bed
- Wet-room style main bathroom with generous shower
- Full Colorbond fencing to corner block ensures your privacy
- Single carport plus extra off-street parking on driveway

Soaring ceilings and abundant natural light create an impressive sense of space in this this high-potential single-level villa thats ideal for first-home buyers, downsizers and investors alike.

Enter into the central open-plan living/dining area that presents plenty of wow factor and flows into the large wrap-around courtyard with shade sail and garden bed.

The generous kitchen is off the main living/dining area and also opens into the courtyard. A long live-edge timber bench top captures immediate attention, and a freestanding oven/stove and dishwasher add convenience.

The master bedroom with built-in robe is off the living/dining area, and the second bedroom with walk-in robe and courtyard access is off the entry foyer at front.

Split-system air conditioning and ceiling fans throughout ensure your year-round comfort; the wet-room style main bathroom features an open shower; and laundry facilities are conveniently located in the kitchen.

A single carport joins extra off-street parking on the extended driveway, and there is side gate access into the courtyard.

See this striking property in person to truly appreciate its enormous potential and organise your inspection today.


Council Rates: Approx.$1,500 per annum
Year Built: 1974
Area Under Title: 188 sqm
Zoning: MR (Medium Density)
Status: Vacant Possession
Body Corporate: Castle Real Estate
Body Corporate Levies: Approx. $1,047 per quarter
Vendors Conveyancer: Tschirpig Conveyancing Services
Settlement period: 30 days
Deposit: 10% or variation on request
Easements as per title: none found

Property History for 4/1 Ostermann St, Coconut Grove, NT 0810

A timeline of how this property has performed in the market
Last Sold
$226,500
15 Nov 2019
Listed for Rent
$430/w
06 Feb 2011
  • 15 Nov 2019
    Sold for $226,500
  • 27 Jun 2019
    Listed for Sale UNDER CONTRACT
  • 16 Dec 2010
    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 1,871 properties. Over the last 5 years, Houses in Coconut Grove have seen a 24.06% increase in median value, while Units have seen a 14.07% increase. As at 31 July 2024:

  • The median value for Houses in Coconut Grove is $588,568 while the median value for Units is $332,311.
  • Houses have a median rent of $760 while Units have a median rent of $500.
There are currently 16 properties listed for sale, and 4 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.

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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.