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
Lot/Plan
Loc 550 Lot 9446/UP 92/035

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.

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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 22.88% increase in median value, while Units have seen a 14.26% increase. As at 30 September 2024:

  • The median value for Houses in Coconut Grove is $571,878 while the median value for Units is $319,209.
  • Houses have a median rent of $680 while Units have a median rent of $485.
There are currently 11 properties listed for sale, and 6 properties listed for rent in Coconut grove on OnTheHouse. According to CoreLogic's data, 66 properties were sold in the past 12 months in Coconut grove.

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