5/23 Lorna Lim TerraceDriver NT 0830
Property Details for 5/23 Lorna Lim Tce, Driver
5/23 Lorna Lim Tce, Driver is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1993. The property has a land size of 93m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in October 2021.
Last Listing description (November 2021)
What a great time to getting into the Darwin real estate market! This easy care first floor 2 bedroom apartment has been well maintained and comes with an office that could easily be transformed into a 3rd bedroom.
But wait, there's more! Located within a small complex of only 6, Unit 5, 23 Lorna Lim Tce comes with solar panels and is literally across the road from the Coles Shopping Complex and within easy reach of the CBD of Palmerston.
Investors and home-owners alike will love the price point of this smart apartment option.
What you'll love about this property...
* Leafy tree lined frontage screens the complex from the street with a wide driveway and plenty of parking.
* Solid construction that is fully tiled and recently repainted.
* Open plan living and dining areas with tiled flooring that lead out to your private balcony.
* Spacious kitchen offering plenty of bench space with ample storage options.
* Two bedrooms each have built in wardrobes big sliding windows, tiled flooring and air-conditioning.
* An additional room does not have any wardrobes and was previously utilised as an office but could easily become the 3rd bedroom or media room if needed.
* The bathroom is light bright and airy and comes with a bathtub.
* Sliding doors lead from the living room through to your private verandah
* Solar PV Panels minimising the running costs of the unit (not certified)
* Walk to the CBD with local shops, food outlets all across the street. Nearby to parklands with play areas for the kids, community events and loads more.
Whether you're an astute Investor or a savvy home Buyer, here's a property that is neat and tidy and ready to move straight in to.
Vital Details
* Lot 3216 Town of Palmerston
* Area on title: 93m2
* Built: Circa 1993
* Previous rental: $275pw (currently vacant)
* Today's Rental expectation: $330 - $350pw
* Rates: $1,500 per year approx
* Body Corp: $1,200 per qtr approx.
What a great time to getting into the Darwin Real Estate Market and at this price you'll need to be first to inspect with George Pikos by calling 04 3800 4800.
Property History for 5/23 Lorna Lim Tce, Driver, NT 0830
- 15 Oct 2021Sold for $215,000
- 17 Aug 2021Listed for Sale $215,000
- 11 Jun 2019Listed for Rent - Price not available
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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 1,222 properties. Over the last 5 years, Houses in Driver have seen a 15.04% increase in median value, while Units have seen a 22.46% increase. As at 30 September 2024:
- The median value for Houses in Driver is $418,347 while the median value for Units is $286,416.
- Houses have a median rent of $550 while Units have a median rent of $445.
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