OFF MARKET

4/8 Totem Road
Coconut Grove NT 0810

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 230m2
Land area: 318m2
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Property Details for 4/8 Totem Rd, Coconut Grove

Building Type
Commercial
Floor Size
230m2
Land Size
318m2
Local Government
Darwin
Lot/Plan
Loc 550 Lot 9446/LTO92/043

Last Listing description (October 2023)

Well located in Coconut Grove, this showroom / office affords good exposure to a high traffic flow location being well positioned on Totem Road.

It has been renovated to provide good clean showroom space.

The showroom space with offices (approx 180m2) is fully air conditioned and is complimented by a warehouse (approx 50m2). It will suit a business requiring exposure and accessibility to customers.

Off street customer parking is provided and there is a rear yard for additional storage.

Affordable start up rent through to February 2024. This is a gross rent.

Property History for 4/8 Totem Rd, Coconut Grove, NT 0810

A timeline of how this property has performed in the market
Last Sold
$300,000
26 Feb 2018
Listed for Rent
$24k/w
27 Oct 2023
  • 14 Sep 2023
    Listed for Rent $24,000 / month
  • 14 Jan 2022
    Listed for Rent $24,000 / month
  • 14 Mar 2019
    Listed for Rent $24,000 / month
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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 11 properties listed for sale, and 10 properties listed for rent in Coconut grove on OnTheHouse. According to CoreLogic's data, 58 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.