OFF MARKET

6/5 Nation Crescent
Coconut Grove NT 0810

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 6/5 Nation Cres, Coconut Grove

6/5 Nation Cres, Coconut Grove is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1982. While the property is not currently for sale or for rent, it was last sold in April 2004.

Building Type
Unit
Year Built
1982
Local Government
Darwin
Lot/Plan
Loc 550 Lot 7222/S 72/086

Last Listing description (February 2018)

A rare opportunity to buy 6 units in one block

Why buy one - when you can have them all!! Located in the thriving suburb of Coconut Grove - minutes from the city and Casuarina - this is an investors dream opportunity to secure not one, but 6 apartments.
This solid brick complex boasts features that not many do - like secure gated entry to the property, parking at the rear for each apartment, renovated interiors with a fresh modern approach and a clean and tidy communal area that the tenants all maintain nicely.
Upstairs are three apartments that each have balcony access at the rear. There are one and two bedroom options so the rental potential is diverse. Downstairs apartments share a communal courtyard which also has the clothes lines and access to the communal laundry on the ground level.

Downstairs consists of 2x1 bedroom units and 1x2 bedroom unit- has a modern kitchen layout, new tiles, two large bedrooms with built in robes and a modern bathroom as well as an open plan design.
Upstairs consists of 2x 1 bedroom units and 1x2 bedroom unit with open plan living and dining, balcony access, bathroom and hallway linen press, bedroom with built in robe and full sized kitchen with breakfast bar.
The units have recently been renovated and freshly painted
1 and 2 bedroom options for versatile renters
The units are fully air-conditioned
Upstairs apartments have balcony access
Off street parking for 6 cars at rear of property
Communal laundry
Communal courtyard spans the length of the property
Low maintenance garden
Secure gated entry (no PA system)
Solid brick building
Located 15 minutes to the Darwin CBD and Casuarina
Great location and very sought after rental premises due to the convenient location

Council Rates $8,106 per annum
Electricity approx $200 per annum
Water approx $5,300 per annum

Property History for 6/5 Nation Cres, Coconut Grove, NT 0810

A timeline of how this property has performed in the market
Last Sold
$425,000
06 Apr 2004
  • 24 Jul 2017
    Listed for Sale $1,200,000
  • 01 Jun 2002
    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 1,872 properties. Over the last 5 years, Houses in Coconut Grove have seen a 35.02% increase in median value, while Units have seen a 23.91% increase. As at 30 November 2024:

  • The median value for Houses in Coconut Grove is $629,138 while the median value for Units is $323,398.
  • Houses have a median rent of $580 while Units have a median rent of $480.
There are currently 10 properties listed for sale, and 3 properties listed for rent in Coconut grove on OnTheHouse. According to CoreLogic's data, 64 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.