OFF MARKET

5/8 Totem Road
Coconut Grove NT 0810

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 81m2
Land area: 405m2
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Property Details for 5/8 Totem Rd, Coconut Grove

Building Type
Commercial
Year Built
1986
Floor Size
81m2
Land Size
405m2
Local Government
Darwin

Last Listing description (August 2022)

A premier corner site seen by thousands of cars per day.

Fully renovated and painted, good clean showroom space.

This will suit a business requiring exposure and accessibility to customers.

Off street customer parking is provided at the front, and there is a rear yard for additional storage and loading off De Latour Street.

The property is newly fenced for added security.

Outgoings are estimated to be $5,329 pa

Call Martin Fisher - 0411 411 008 or email mfisher@dwn.mcgees.com.au to arrange an inspection.

Property History for 5/8 Totem Rd, Coconut Grove, NT 0810

A timeline of how this property has performed in the market
Last Sold
$275,000
15 Oct 1999
Listed for Rent
$11k/w
17 Aug 2022
  • 19 Apr 2022
    Listed for Rent $48,000 / month
  • 15 Dec 2021
    Listed for Rent $52,000 / year
  • 15 Oct 1999
    Sold for $275,000

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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, 59 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.