OFF MARKET

1/37 Lorna Lim Terrace
Driver NT 0830

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 74m2
Land area: 94m2
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Property Details for 1/37 Lorna Lim Tce, Driver

1/37 Lorna Lim Tce, Driver is a 2 bedroom, 1 bathroom Unit and was built in 1991. The property has a land size of 94m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in September 2022.

Building Type
Unit
Year Built
1991
Floor Size
74m2
Land Size
94m2
Local Government
Palmerston
Lot/Plan
Loc 590 Lot 3223/S 85/138

Last Listing description (October 2022)

This ground-floor apartment awaits your personal touch with well-presented interiors throughout in modern white, and a generous courtyard-style verandah that overlooks established gardens in this complex. There is also an in-ground pool to the complex that is convenient on a hot wet season day. The complex is located on the edge of Palmerston CBD opposite Oasis Shopping Village, and a short stroll to Palmerston Shopping Centre.

- Generous open-plan living/dining area in contemporary white
- Living/dining area opens onto large, covered rear verandah

- Ground-floor verandah overlooks established tropical gardens
- Neat and tidy kitchen with breakfast bar and electric stove
- Main bathroom with shower over bath; separate laundry
- Low-maintenance floor tiles to living/dining and wet areas
- Carpet to bright, light-filled master and second bedroom
- Air conditioning and ceiling fans throughout
- Established tropical gardens and in-ground pool to complex
- Ideal central location walking distance to Palmerston CBD

First-home buyers or downsizers get your start in this solid ground-level apartment that offers plenty of opportunity to add value with easy updates to the kitchen and bathroom. Or investors tap into the strong rental demand in this popular central location.

The open-plan living/dining area captures good natural light and is the perfect canvas for your personal interior design touch with fresh white floor tiling and walls.

A glass sliding door connects the space onto the large covered verandah that overlooks established gardens and provides plenty of space for alfresco entertaining.

Back inside, two bedrooms join the main bathroom off the main living/dining space.

There are built-in robes and carpet to both bedrooms, and the main bathroom is well presented with a shower over bath.

The home also features air conditioning and ceiling fans throughout, and internal laundry facilities add convenience.

This ground level unit is very practical for a low maintenance lifestyle.

Be first in line to snap up this excellent entry-level opportunity. Organise your inspection today.

Property History for 1/37 Lorna Lim Tce, Driver, NT 0830

A timeline of how this property has performed in the market
Last Sold
$185,000
30 Sep 2022
Listed for Rent
$370/w
03 Oct 2022
  • 30 Sep 2022
    Sold for $185,000
  • 12 Aug 2022
    Listed for Rent $370 / week
  • 22 Apr 2022
    Listed for Sale $195,000
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About Driver 0830

The size of Driver is approximately 1.7 square kilometres. It has 16 parks covering nearly 30.2% of total area. The population of Driver in 2011 was 2,958 people. By 2016 the population was 2,880 showing a population decline of 2.6% in the area during that time. The predominant age group in Driver is 30-39 years. Households in Driver are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Driver work in a trades occupation. In 2011, 51.3% of the homes in Driver were owner-occupied compared with 52.1% in 2016.

Driver has 1,221 properties. Over the last 5 years, Houses in Driver have seen a 10.90% increase in median value, while Units have seen a 30.03% increase. As at 31 October 2024:

  • The median value for Houses in Driver is $419,726 while the median value for Units is $292,625.
  • Houses have a median rent of $550 while Units have a median rent of $440.
There are currently 13 properties listed for sale, and 8 properties listed for rent in Driver on OnTheHouse. According to CoreLogic's data, 63 properties were sold in the past 12 months in Driver.

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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.